Morocco to Hike Import Duty on Electronic Cigarettes
The 2024 budget also proposes to increase the import duty rate for certain consumer products and equipment from 2.5% to 30%.
Rabat - Morocco is set to increase customs duty on electronic cigarettes under the new 2024 budget.
The import duty would be applicable to disposable electronic cigarettes from 2.5% to 40%, according to the presentation note for this project.
The increase aims to apply the same import duty rate to disposable electronic cigarettes as that applied to other electronic cigarettes for the fiscal year 2023, as stated in the note published on the Ministry of Economy and Finance website.
The draft budget also proposes to increase the import duty rate for certain consumer products and equipment from 2.5% to 30%.
Morocco’s government expects to collect MAD 12.5 billion in tax on tobacco products in 2023, meaning a near 6% increase that tax authorities will be seeking to collect from manufacturers, with the bill expected to be passed down to consumers.
