Tobacco products dropped from import duty reduction amendment

Import through regional ports in the south and north of the country is expected to be granted a 50 percent reduction in duties, bar tobacco products after the majority MDP parliamentary group voted in favor of the amendment.

Initially, the duty reduction was extended to include a number of chapters, including the chapter covering tobacco products. The 50 percent reduction of duties are to be extended for items imported and stored in the regional ports of Addu City and Kulhudhuffushi City.

Changes to the proposed amendment by MDP lawmakers last night saw the chapter covering tobacco products dropped. 

The amendments are expected to be presented to the parliament today and will be the subject of a vote as well.