PETALING JAYA: The government plans to impose an excise duty on vape products, says Datuk Seri Anwar Ibrahim.
The Finance Minister said it is estimated over RM2bil in vape products had been sold despite not being recognised in the eyes of the law and it would be prudent for it to be regulated and taxed to discourage vaping.
He added that the government also supported the generational end game Bill (GEG) and agreed that half of the proceeds from this excise duty would be allocated to the Health Ministry as an effort to improve the quality of health services.