27/12/2018 07:38 AST

The Federal Tax Authority, FTA, has announced the completion of all preparations required to implement its ‘Marking Tobacco and Tobacco Products’ scheme.

Entering into effect on 1st January 2019, the scheme involves the electronic monitoring of all types of imported, produced and locally-traded cigarettes, from production to consumer, to ensure full compliance with payment of excise tax. It will be gradually extended to cover all tobacco products.

In a press statement issued on Wednesday, the FTA stressed the need for tobacco suppliers to comply with the regulations to avoid being penalised and prevented from practicing their duties until they comply fully with the system, which supports inspection and control at customs outlets and markets to prevent the sale of contraband products and that have not met their due tax.

The monitoring of the tobacco products will be facilitated by a stamp (digital seal) which will be installed on their packaging and registered in the FTA database. This stamp will include electronically-recorded information that can be read by a special device through which the payment of the tax on these products is verified.

Khalid Ali Al Bustani, Director-General of the FTA, said that as of 1st January 2019, the marking will be issued for purchase orders by manufacturers and importers of all types of cigarettes. They will be required to apply for the digital stamps from the operator of the scheme (as approved by the authority) for installation on the tobacco packaging before the products leave the factory to ensure the payment of excise tax on tobacco products sold throughout the UAE.

The Director-General pointed out that as of 1st May 2019 the import of all kinds of cigarettes to the country without the digital stamps will be banned.

From 1st August 2019, all types of cigarettes that do not carry the stamp will not be allowed to be sold in the UAE, with retail stores banned from selling cigarettes that do not have the digital stamps. Al Bustani explained that according to the Cabinet Decision No. 42 of 2018 on Tobacco Products, a penalty will be levied on any person who trades or carries specified excise products that are not marked with a digital seal.


The Gulf Today

Ticker Price Volume
QNBK 197.99 234,436
APPC 54.60 245,093
SAICO 11.40 155,201
SIECO 83.40 632,434
CATERING 86.10 62,823
ALMARAI 53.90 542,352
SABIC 121.40 2,027,236
MENA printing business to grow to $32bn in 2019

27/12/2018

The Middle East and North Africa (MENA) region continues to present one of the world’s key growth regions for printing.

In 2019, the total value of the commercial print business in MENA is

Saudi Gazette

Raysut Industrial Estate holds meeting with investors

27/12/2018

The Quality Improvement Committee at Raysut Industrial Estate held its first meeting chaired by Eng. Hamad Al Qasabi, Director General of the estate and the committee’s chairman.

The meetin

Times of Oman

UAE, Chechnya explore economic cooperation

27/12/2018

The Zayed Fund for Innovation and Entrepreneurship, established by the Khalifa Fund for Enterprise Development, is contributing to the economic development of Chechnya with a number of projects.

Gulf News

Oman’s first wind turbine installed in Dhofar

27/12/2018

Masdar, the Abu Dhabi Future Energy Company, announced yesterday the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in Dhofar Governorate, the project is f

Oman Daily Observer

UAE on fast track to attracting investment and world talent

27/12/2018

The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say experts at STA Law Firm.

The introduction of

The Gulf Today