Tax Revenue from E-Cigarettes Reaches $29.98 Million in Malaysia

Market by 2FIRSTS.ai
Jul.10.2024
Tax Revenue from E-Cigarettes Reaches $29.98 Million in Malaysia
Malaysian PM Datuk Seri Anwar Ibrahim announced $29.98 million in e-cigarette taxes collected, with new regulations effective by 2024.

According to a report by The Star on July 10th, Malaysian Prime Minister Datuk Seri Anwar Ibrahim stated that the Ministry of Finance has collected RM1.411 billion (USD 299.8 million) in tax revenue from e-cigarette taxes.

 

In a written response to Parliament on July 9, the Finance Minister stated: "In addition to nicotine gels and liquids for e-cigarettes, a levy of 40 sen per milliliter of e-cigarette liquid is also required.

 

A 40-minute consumption tax will take effect on May 1, 2023.

 

From 2021 to 2024, the total tax revenue from e-cigarette liquids amounted to 141.1 million Malaysian Ringgit. Of this amount, 82.51 million Ringgit (17.53 million USD) came from nicotine-free liquids, while 58.55 million Ringgit (12.44 million USD) came from e-cigarette liquids containing nicotine.

 

Electronic and non-electronic smoking devices, including e-cigarettes, are subject to a 10% ad valorem tax. This tax went into effect on January 1, 2021.

 

Anwar stated that the Public Health Smoking Control Act of 2024 (No. 852) was enacted on January 2, 2024.

 

The Ministry of Health is finalizing regulations on smoking products, including the regulation of e-cigarette products, in accordance with the law. It is expected that the law and regulations will take effect in August 2024. Once these regulations come into effect, the regulatory mechanism for e-cigarette products will become more comprehensive and effective.

 

He stated that taxes will be consolidated into the government's general fund in accordance with Article 97(1) of the Federal Constitution.

 

We welcome news tips, article submissions, interview requests, or comments on this piece.

Please contact us at info@2firsts.com, or reach out to Alan Zhao, CEO of 2Firsts, on LinkedIn


Notice

1.  This article is intended solely for professional research purposes related to industry, technology, and policy. Any references to brands or products are made purely for objective description and do not constitute any form of endorsement, recommendation, or promotion by 2Firsts.

2.  The use of nicotine-containing products — including, but not limited to, cigarettes, e-cigarettes, nicotine pouchand heated tobacco products — carries significant health risks. Users are responsible for complying with all applicable laws and regulations in their respective jurisdictions.

3.  This article is not intended to serve as the basis for any investment decisions or financial advice. 2Firsts assumes no direct or indirect liability for any inaccuracies or errors in the content.

4.  Access to this article is strictly prohibited for individuals below the legal age in their jurisdiction.

 

Copyright

 

This article is either an original work created by 2Firsts or a reproduction from third-party sources with proper attribution. All copyrights and usage rights belong to 2Firsts or the original content provider. Unauthorized reproduction, distribution, or any other form of unauthorized use by any individual or organization is strictly prohibited. Violators will be held legally accountable.

For copyright-related inquiries, please contact: info@2firsts.com

 

AI Assistance Disclaimer

 

This article may have been enhanced using AI tools to improve translation and editorial efficiency. However, due to technical limitations, inaccuracies may occur. Readers are encouraged to refer to the cited sources for the most accurate information.

We welcome any corrections or feedback. Please contact us at: info@2firsts.com

VEIIK VITO: A Masterpiece in Your Palm, Crafted for the Extraordinary
VEIIK VITO: A Masterpiece in Your Palm, Crafted for the Extraordinary
Jun.18
Tobacco Giants Speak on THR at GFN: Calling for Regulatory Reform Aligned with Scientific Understanding
Tobacco Giants Speak on THR at GFN: Calling for Regulatory Reform Aligned with Scientific Understanding
At the GFN 2025, representatives from the world’s four largest tobacco companies emphasized the need for science-driven harm reduction policies. They urged regulators to move beyond outdated approaches and adopt consumer-focused, evidence-based frameworks to better serve public health goals.
Jun.26
Expo Watch | Flight Disruptions & Brand Shakeout Lead to Sluggish Dubai Vape Show — Exhibitors Say “It Feels Like a Solo Party”
Expo Watch | Flight Disruptions & Brand Shakeout Lead to Sluggish Dubai Vape Show — Exhibitors Say “It Feels Like a Solo Party”
Attendance declines at World Vape Show Dubai, with exhibitors citing lack of diversity in buyers and growing industry competition.
Jun.19 by 2FIRSTS.ai
TYSON 2.0 Vape Charger:The First Portable E-cigarette Power Source in The Industry
TYSON 2.0 Vape Charger:The First Portable E-cigarette Power Source in The Industry
Vape brand TYSON has launched the TYSON 2.0 Vape Charger, a portable power bank designed for e-cigarettes. The device features a Type-C port and an 800mAh battery, retailing for around $9. It is now available on several U.S. vaping websites.
May.21 by 2FIRSTS.ai
Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple
Poland’s Disposable Vape Sales Drop 22%, Prices Set to Triple
Poland’s new excise tax on tobacco products is set to take effect in July 2025, imposing a levy of 40 zloty (around $10) per disposable e-cigarette containing e-liquid. Although the law has yet to be implemented, the market is already seeing a decline, with disposable vape sales in Q1 2025 down 22% yoy. Once the tax is enforced, prices are expected to rise from around $5 to nearly $13 per unit.
May.19 by 2FIRSTS.ai
Exclusive Interview with Lost Vape: Unveils New Products at Dubai Expo, Including the Large-Screen Ursa Series
Exclusive Interview with Lost Vape: Unveils New Products at Dubai Expo, Including the Large-Screen Ursa Series
Lost Vape's booth manager, Merry, explained how the company is addressing global regulatory tightening and increasing market competition by launching new products that align with the industry's "big-screen" trend, while leveraging its in-house manufacturing to ensure quality control and R&D.
Jun.24 by 2FIRSTS.ai