Digital Tax Stamps must for select tobacco products in UAE

  • Date: 29-Feb-2020
  • Source: Khaleej Times
  • Sector:Economy
  • Country:UAE
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Digital Tax Stamps must for select tobacco products in UAE

Phase one of the Marking Tobacco and Tobacco Products Scheme came into force on 1st January 2019.. The second phase of the Marking Tobacco and Tobacco Products Scheme is set to commence on March 1, 2020, with the scheme aiming to utilise the latest digital solutions to boost the efficiency of tax control systems and support the UAE's transition to a knowledge-based economy in line with the National Agenda.. In a statement, the Federal Tax Authority, FTA, reaffirmed its decision that, starting tomorrow, the import of any water pipe tobacco and electrically-heated tobacco products not bearing a Digital Tax Stamp, DTS, will be banned.. As of June 1, 2020, the import, transport, storage and possession of such unmarked excise goods will be prohibited in all UAE local markets, the statement added.. Phase one of the Marking Tobacco and Tobacco Products Scheme, which came into force on 1st January 2019, yielded promising results in marking all types of imported, and locally manufactured and traded cigarette packets with DTSs.. Following that on 1st August, the sale of cigarette packets not bearing a DTS was banned across all local markets.. Since the launch of Cabinet Decision No. 42 of 2018 on Marking Tobacco