The Association has asked Revenue what customs controls they are putting into place to prevent or restrict personal importation without payment of excise taxes and VAT.
A reminder that the EPT, (E-liquid Products Tax) commenced on Saturday 1st of November
Excise tax will be levied at a rate of 50c plus VAT per ml of e-liquid. Regardless of whether the product has or has not nicotine the excise tax will be levied. Retailers who get their e-liquid/vaping products from a supplier within the State do not need to register for EPT.
Retailers who do obtain e-liquid products from a supplier outside of the State will be liable to Revenue for any EPT incurred from tomorrow and should register with Revenue ROS online and be prepared to file returns. Registration is now open.
Pricing
Retailers have 3 options available to them regarding pricing.
