Duty levied on vapes and cigarettes to be increased

3 weeks ago

Finance Ministry has proposed to increase the import duty on vapes by 200 percent and cigarettes by MVR 5. At present, a 25 percent duty is levied on vapes while an MVR 3 duty is levied on cigarettes. A member of Parliament’s Public Accounts Committee told Sun that the paper submitted to the Committee by the Finance Ministry on Wednesday proposes to