FTA Bans Sale Of Unmarked Tobacco Products From 1st August, 2019
Fakhir Rizvi Published March 18, 2019 | 06:30 PM
DUBAI, (UrduPoint / Pakistan Point News / WAM - 18th Mar, 2019) The Federal Tax Authority, FTA, has announced that the selling or distribution of any unmarked tobacco products will be prohibited across all local markets as of 1st August 2019.
In a press statement issued on Monday, the Authority said that it held a series of training workshops to introduce inspectors across the UAE's economic development departments to the objectives and implementation methods to apply as per the 'Marking Tobacco and Tobacco Products Scheme', which went into effect in January 2019.
According to the FTA statement, the workshops seek to ensure preparedness before carrying out inspection campaigns to verify that the Marking Tobacco and Tobacco Products Scheme is being implemented.
The Authority noted that the sessions are part of the FTA’s effort to raise awareness of the tax system among relevant authorities and entities to combat tax evasion and better monitor markets.
FTA Director-General, Khalid Ali Al Bustani, underlined the importance of these courses to the successful implementation of the scheme, which facilitates inspections and strengthens market control procedures to prevent the sale of non-tax-compliant products.
"Digital marks will be placed on the packaging of tobacco products and registered in the FTA database; the marks contain data that can be read using a sophisticated device," he explained, adding that the new training workshops are part of the Authority’s commitment to maintaining constant communication with all relevant government and private-sector entities to keep them in the loop with developments surrounding tax procedures and gauge their opinions and suggestions to ensure the UAE tax system is implemented easily and seamlessly.
During the workshops, FTA representatives shed light on the legislation and resolutions pertaining to the scheme, including the Cabinet Decision No. 42 of 2018 on Marking Tobacco and Tobacco Products, which outlines the mechanism to place the Digital Mark indicating that Excise Tax has been paid, whereby tobacco manufacturers are required to place the Marks on the products within the production facility immediately after packaging, if produced in the UAE, or prior to importing them if they are produced abroad. The FTA has determined a specific placement and method to apply the Digital Marks to each product.
Recent Stories
2600 uplift projects near completion across South Punjab
Project Director SFERP for early completion of road work before forthcoming mons ..
Spain vows to block BBVA's hostile bid for rival bank
Bank of England holds rate at 16-year high, signals looming cut
London, Frankfurt hit record highs on rate-cut hopes
Entire road work completed before forthcoming monsoon: Kanasaro
Crespo-Kewell Champions League rivalry renewed in Asian final
Bank of England holds rate at 16-year high, signals looming cut
SBP injects Rs 393.75 billion into market
Rupee sheds 10 paisa against US dollar
Federal Ombudsman' regional office holds open court at Paharpur Tehsil
Technological advancements essential for driving country's development: Shaza
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago