According to a report by vedomosti, a Russian media outlet, on January 24th, the Russian State Duma has approved a bill proposed by the Russian government, aiming to shift the tobacco and nicotine-containing products' tax stamps from physical labels to digital markings. The bill has been made publicly available in the electronic database of the Russian State Duma.
A new bill calls for new labeling requirements for tobacco and nicotine-containing products, which are set to take effect on March 1, 2024. Once in effect, the traditional physical tax stamps will be replaced by barcode digital labels, similar to those already used in sectors such as pharmaceuticals and dairy products.
In addition, the bill also introduces the term "accountability control labels" to identify labeling tools printed on tobacco and nicotine-containing products packaging. According to the bill, these accountability control labels will be printed on tobacco products, e-cigarettes and vaporizer liquids, as well as on packaging for heated tobacco systems.
This reform aims to enhance Russia's regulatory efficiency in imposing taxes on tobacco products imported from Eurasian Economic Union countries. Additionally, the bill will ensure the accurate determination of tax bases for tobacco and nicotine products.
It is worth noting that on December 13th, 2023, a Russian government committee approved the Ministry of Finance's proposal to impose a 5% import tariff on e-cigarettes. Furthermore, on October 17th, 2023, the Russian government lifted the ban on inspections of e-cigarette and hookah stores, which was originally supposed to remain in effect until 2025.
These changes aim to enhance the regulation and taxation efficiency of tobacco and nicotine products to align with the marking methods of the digital era.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
