Mozambican Tax Authority extends alcoholic beverages tax stamp deadline by 45 days – Watch

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Mozambican Tax Authority extends alcoholic beverages tax stamp deadline by 45 days – Watch

12:06 CAT | 20 Jul 2017

O País (file photo)

The Mozambican Tax Authority (TA) has extended the deadline for putting tax stamps on alcoholic beverages sold in Mozambique for a further 45 days, the daily Notícias reports. The TA originally set the 16th of July as the deadline, then extended it to the 18th, followed by yet another extension, this time of 45 days.

Miguel Nhane, the general coordinator of the Alcohol and Tobacco Sealing Project in Mozambique, said that the extension of the deadline was the result of high demand for stamps and the need to avoid penalising those who have not yet received them.

“In districts where the TA is not present, businesses have submitted their requests to local administrations, these being representatives of the state,” Nhane said, adding that the extension in no way prevented the AT from referring cases of beverage smuggling to customs.

According to Noticias, there has been a “true burning of drinks stocks” in recent days, with both informal and formal retailers slashing prices.

The measure aims to stem smuggling of alcoholic beverages into Mozambique, mostly from South Africa, the largest economy in Southern Africa. After the deadline, the absence of a tax stamp will constitute a customs offence punishable by a fine.