Bahrain: Extended implementation dates for digital stamp regime for tobacco

Implementation dates for digital stamp regime for tobacco products has been extended

Implementation dates for digital stamp regime for tobacco products has been extended

The government has extended the implementation dates for the digital stamp regime for tobacco and tobacco products as follows:

  • Cigarette products imported at customs must have digital stamps starting from 17 July 2022 (extended from 15 May 2022)
  • Cigarettes sold in markets must have digital stamps starting from 16 October 2022 (extended from 14 August 2022)

In addition, local news reports indicate that a proposal has been submitted by a number of members of Parliament to temporarily suspend the 10% value added tax (VAT) and double the monthly anti-inflation allowance for Bahrainis due to overall increase in global prices and salary stagnation.

Finally, the government recently published the results for Q1 2022 on its website which includes statistics on the number of registered taxpayers, VAT workshops, and stores registered for tourist refunds.

Read a May 2022 report [PDF 101 KB] prepared by the KPMG member firm in Bahrain

 

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