Only VAT-registered traders to be allowed to sale cigarettes


2009-12-21

Only traders registered under the Value Added Tax (VAT) Act will be allowed to sell tobacco products, as provided in the latest amendments passed to the Excise Duty and Tax Warehouse Act, the National Revenue Agency announced.
Apart form valid VAT registration, traders will also have to obtain a permit for tobacco products sale form the customs.
Economic operators, who have a permit for tobacco products sale, should file applications for a new one by April 30, 2010. The applications may be filed at the regional customs offices. These traders will be allowed to continue their business until the new permit is issued.
No sanctions will be imposed on traders with VAT registration until the grace period until April 30 expires, unlike those who continue selling tobacco products without a valid permit.
Conditions and procedure for obtaining a permit for tobacco products sale will be set in a Regulation for the implementation of the Excise Duty and Tax Warehouse Act, which will be published in the State Gazette in the beginning of next year.