Here is information that could slow down the vaping market in Bangladesh. The Minister of Finance has indeed proposed to increase customs duties on e-cigarettes and e-liquids to 25% instead of the 10% currently in place.
AN INCREASE IN CUSTOMS DUTY, A DROP IN IMPORTS FOR VAPTAGE PRODUCTS?
In Bangladesh, the next budget to be voted could bring bad news to users of electronic cigarettes. Indeed, the government plans to increase the duties on the importation of vaping products (e-cigarettes and e-liquids). The Minister of Finance has proposed to increase the customs duties on e-cigarettes and e-liquids to 25% instead of the 10% currently in place. He also proposed the imposition of a new additional duty of 100% on these two products.
According to Finance Minister AMA Muhith, e-cigarettes are popular among young smokers from affluent families. During his budget speech, he declared " that a tariff increase would be significant because theElectronic cigarettes, such as bidis and cigarettes, are dangerous to health. »
