Import Duty Hikes

Hiking tobacco tariffs to discourage smoking called into question

A record 200 percent import duty hike in 2012 failed to reduce demand and the number of cigarettes imported to the Maldives increased to 497 million in 2016 from 460 million the previous year despite a further hike in April 2015 that jacked up prices to MVR48 a pack.

New airport fees and ‘congestion tax’ among revenue-raising measures for 2017

A US$25 airport development charge, a “congestion tax” and increased import duties for tobacco and fizzy drinks are among a raft of revenue-raising measures proposed in the 2017 state budget

Parliament approves hiking airport service charge to US$25