Tobacco Duty
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Latest
ReportHas the Revised Duty Helped Create a More Balanced Market?
A 2026 cut in cigarette import duties has successfully reduced the prevalence of illicit tobacco in the Maldives. Retailers report a significant shift as consumers move toward legal brands, narrowing the gap between regulated and smuggled products. This policy supports the government's broader goal of strengthening the legal economy.
NewsAdvice ignored to cancel declaration for cigarette containers
Maldives Customs ignored internal legal advice by cancelling import declarations for two cigarette containers, allowing the importer to benefit from lower duty rates. This move is expected to cost the state MVR 38 million in revenue. High-ranking officials reportedly ordered the cancellation despite regulations prohibiting such changes.
