{"id":55790,"date":"2024-04-02T09:21:20","date_gmt":"2024-04-02T09:21:20","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more"},"modified":"2024-04-02T09:57:44","modified_gmt":"2024-04-02T09:57:44","slug":"government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more","title":{"rendered":"Government Mandates Digital Excise Tax Stamps For Soft Drinks, Beer, And More"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>The Ministry of Finance and Economic Affairs, in conjunction with the Gambia Revenue Authority (GRA), has declared the implementation of mandatory digital Excise Tax Stamps for various products, including Bottled Water, Soft Drinks, Beer, Wine &amp; Spirits, Flour, and Tobacco (Cigarettes, cigars, tobacco leaves, and cigarillo) effective from January 15, 2024.<\/b><\/p>\n<p>In a statement addressed to all manufacturers, importers, distributors, retailers of excisable goods, and the public, GRA highlighted that the collection of Excise Duty has consistently fallen below expectations due to illicit trade, under-declaration, and monitoring inefficiencies concerning these items.<\/p>\n<p>\u201cThis has resulted in a loss of revenue for the government and unfair competition for legitimate, law-abiding manufacturers and importers. Digital Tax Stamps take the form of either paper stamps or digital codes that are affixed or directly printed onto the excisable products or the packaging of such products. The stamps contain visible and covert security features, which serve to prevent counterfeiting of the stamps and enable the stamps to be authenticated and traced to their origins,\u201d they said.<\/p>\n<p>The Revenue Authority emphasized that the introduction of digital Excise Tax Stamps will empower consumers, retailers, and distributors to verify the legitimacy of stamps attached to excisable products.<\/p>\n<p>\u201cAll persons handling excisable goods for which marking is mandatory must verify the presence &amp; authenticity of the secured marking before receiving, storing, and offering the products for sale,\u201d they said.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/gambia\">Gambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. The Ministry of Finance and Economic Affairs, in conjunction with the Gambia Revenue Authority (GRA), has declared the implementation of mandatory digital Excise Tax Stamps for various products, including Bottled Water, Soft Drinks, Beer, Wine &amp; Spirits, Flour, and Tobacco (Cigarettes, cigars, tobacco leaves, and cigarillo) effective from January 15, 2024. In [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":55789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[2355,2361,260],"class_list":["post-55790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-gambia","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Government Mandates Digital Excise Tax Stamps For Soft Drinks, Beer, And More - Gambia<\/title>\n<meta name=\"description\" content=\"The Ministry of Finance and Economic Affairs, in conjunction with the Gambia Revenue Authority (GRA), has declared th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government Mandates Digital Excise Tax Stamps For Soft Drinks, Beer, And More\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Finance and Economic Affairs, in conjunction with the Gambia Revenue Authority (GRA), has declared th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-02T09:21:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-02T09:57:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/04\/sm_1712039078.433359.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government Mandates Digital Excise Tax Stamps For Soft Drinks, Beer, And More\",\"datePublished\":\"2024-04-02T09:21:20+00:00\",\"dateModified\":\"2024-04-02T09:57:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\"},\"wordCount\":251,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2024\/04\/sm_1712039078.433359.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Gambia\",\"Gambia\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/government-mandates-digital-excise-tax-stamps-for-soft-drinks-beer-and-more\",\"name\":\"Government Mandates Digital Excise Tax Stamps For Soft Drinks, Beer, And More - 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