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Sealing of Alcoholic Beverages and Manufactured Tobacco Generated $121.3M for the State in 2023

Sealing of Alcoholic Beverages and Manufactured Tobacco Generated $121.3M for the State in 2023

The Tax Authority (AT) has announced that during the 2023 financial year, revenues equivalent to 121.3 million dollars (8 billion meticais) were collected as a result of the implementation of the program to seal alcoholic beverages and manufactured tobacco in the country.

The deputy director-general of Customs, Fernando Alage, revealed that since this measure came into force, more than 2 billion stamps have been awarded to 308 operators throughout the country, stressing that the sealing process aims to reduce the levels of smuggling found in these products and contribute to reducing unfair trade, consumption of counterfeit products and increasing state revenue collection.

“The sealing of alcoholic beverages and manufactured tobacco has helped to increase revenue. In the first year of the measure’s implementation, the revenue collected amounted to 1.1 billion meticais and, in recent times, it has risen to more than 8 billion meticais,” he said.

Quoted by the Mozambican Information Agency (AIM), Alage added that the fuel marking program, launched in 2018, has also helped to reduce the consumption of adulterated fuel and increased revenue collection, and has also contributed to the reduction in demand levels for lamp oil at all ocean terminals.

The sealing of beer and manufactured tobacco is a measure provided for in the Excise Tax Code, Law 17/2009, and in the Regulation on the Sealing of Alcoholic Beverages and Manufactured Tobacco, approved in 2016.

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