MF will clarify the definition of e-cigarettes. The excise duty will cover more devices

The Ministry of Finance is preparing an amendment to the excise duty act. The new regulations are to cover e-cigarettes operating on the basis of electromagnetic induction, which have not yet been clearly regulated and could avoid taxation.

\ The Ministry of Finance presented a draft amendments to the Excise Tax Act, which are to seal the provisions regarding the taxation of e-cigarettes. The amendment is a response to gaps in applicable regulations, which do not take into account the specifics of devices operating on the basis of electromagnetic induction.

New rules for induction e-cigarettes

Introduced definitions of e-cigarettes do not take into account the specifics of e-cigarettes acting on the basis of electromagnetic inductionindicated the Ministry of Finance in the description of the bill amending the Act on excise tax.

According to the ministry It is necessary to change the regulations in order to tax in the case of devices operating on the basis of inductionsupply and maintenance devices connected to a ferromagnetic element or tanks with electronic cigarettes connected to the ferromagnetic element.

Changing the definition of e-cigarettes

Therefore, changes in the definition of e-cigarettes are needed. As a result of these changes, one-time and reusable e-cigarettes acting on the basis of electromagnetic induction will be defined from other e-cigarettes, announced by the Ministry of Finance.

“In the case of devices operating on the basis of induction, Powering and maintenance devices connected to a ferromagnetic element or tanks with electronic cigarette fluid connected to a ferromagnetic element will be taxedboth intended for re -filling and not intended for re -filling, “it was explained.

As a result of a change in the definition of e-cigarettes The obligations related to marking these products with excise stamps will change – we read in the description of the bill.

The Ministry of Finance is working on a draft amendment to the excise duty act. It is planned that the government will adopt a project in Q4 2025.

Ed. Df