The Free Market Foundation has raised concerns about the government’s plans to regulate e-cigarette and vaping products, which it says could push more people towards traditional cigarettes and the illicit market.
It warned that heavy regulation will lead to exorbitant costs, and consequently disincentivises the uptake of alternatives, leading to the opposite of the intended effect. Treasury proposes to introduce a specific excise tax on both the non-nicotine and nicotine solutions used in e-cigarettes and intends to use its existing policy guidelines applicable to other excisable products to do so.
Essentially, users could pay R2.03 per millilitre of e-cigarette solution containing nicotine and 87 cents per millilitre of e-cigarette solution that contains no nicotine, if the draft proposals are accepted and become legislation.
Source: News Formal (newsformal.com)
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