KUALA LUMPUR, March 31 — Putrajaya has gazetted an excise duty for vape liquids with nicotine content at 40 sen per millilitre, in its bid to tax liquid or gel products...
KUALA LUMPUR, March 31 — Putrajaya has gazetted an excise duty for vape liquids with nicotine content at 40 sen per millilitre, in its bid to tax liquid or gel products containing nicotine.
The Excise Duties Order 2023 was delivered by Prime Minister Datuk Seri Anwar Ibrahim under subsection 6 of the Excise Act 1976. During the tabling of Budget 2023 on February 24, Anwar who is also the finance minister announced the government will impose an excise duty on liquid or gel products containing nicotine, with half the revenue to be allocated to the Health Ministry.
The previous government announced plans under Budget 2022 to expand tax collection to vape liquids containing nicotine by imposing excise taxes at RM1.20 per millilitre, but the enforcement was postponed.
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