Page 12 - Excise Duties News Today

April 20, (THEWILL) – The Federation Account Allocation Committee (FAAC) has shared a total of N714.629 billion as March 2023 federation revenue to the Federal, State, and Local Government Councils. A communiqué issued at the end of the FAAC meeting for April 2023, said the amount includes gross statutory revenue, value-added tax, exchange gain, and

The balance in the Excess Crude Account (ECA) was $473,754.57.

Joseph Inokotong, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N714.629 billion March 2023 Federation Account

He added that Petroleum Profit Tax, Companies Income Tax, Oil and Gas Royalties, Import and Excise Duties, EMTL all increased remarkably in March, while VAT decreased considerably.

KUALA LUMPUR: The government needs to look into short- and long-term measures to limit harm and exposure of children and young people to nicotine, said the Malaysian Council for Tobacco Control (MCTC).

KUALA LUMPUR (April 4): Late last month, the federal government exempted nicotine as a controlled substance under Poisons Act as part of a move to tax its use with electronic nicotine delivery systems (ENDS) such as vaporisers and e-cigarettes. Response to this was mixed, with the vape industry l

KUALA LUMPUR, April 4 — Late last month, the federal government exempted nicotine as a controlled substance under Poisons Act as part of a move to tax its use with electronic...

PETALING JAYA: The government has gazetted an excise duty for vape liquids containing nicotine at 40 sen per milliliter.

KUALA LUMPUR (March 31): Putrajaya has gazetted an excise duty for vape liquids with nicotine content at 40 sen per millilitre, in its bid to tax liquid or gel products containing nicotine. The new duty will come into operation beginning tomorrow following the commencement of Excise Duties (Amend

Recurrent expenditure up by €117.8 million, spending on roads down by €37.2m