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UK government accepts liquor duty-stamp exemptionUK government accepts liquor duty-stamp exemption
6-Dec-2004
The authorities accept the travel-retail trade's arguments that stamps would put unnecessary added pressure on the business
The UK government's pre-budget report announced on December 2 confirmed that the travel-retail and duty-free industry will be exempt from duty stamps on liquor products. The UK Travel Retail Forum (UKTRF) has long argued for an exemption, insisting that extra packaging requirements would put extra pressure on an industry that is already tightly controlled.
UKTRF secretary general Barry Goddard said: "This is excellent news for the travel-retail business, as a requirement for duty stamps would have created major complications and consequently significant additional costs for operators. It is the result of many months of detailed and patient negotiation with HM Customs and Excise, and although we knew that they were sympathetic to our case, we had to wait until now for confirmation."
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(1-Jul-2004) - UK. HM Customs & Excise is considering a proposal by the UK Travel Retail Forum that would exempt the travel-retail trade from requirements to affix tax stamps to liquor products bound for export
(16-Apr-2002) -
(18-Mar-2004) - The trade is waiting to learn whether travel-retail outlets will be exempted from the government?s latest measure to tackle liquor excise fraud
(15-Dec-2004) - The UK government has confirmed that airport stores, airlines and ferries will be exempt from controversial plans to introduce tax stamps on all bottles of spirits
(15-May-2002) - UK travel retailers have signalled their relief at the government?s decision not to introduce tax stamps on bottles of spirits.