VB Distribution approved for vaping products duty
VB Distribution has secured HMRC approval to supply duty‑stamped vaping products from day one of the new UK scheme.Summary
VB Distribution has secured approval from HMRC to supply vaping products that will be subject to a new duty and traceable stamps under the UK Vaping Products Duty scheme, which comes into force on 1 October. The company is among the first distributors qualified to provide stamped and duty‑accounted products from day one, allowing it to purchase stamps during the transitional window that closes on 31 August and build up stock ahead of the new rules. "Approval is no longer an administrative step in this category, it is permission to trade," CEO Natalia Gosciniak said, highlighting the readiness of the firm’s operations, compliance and supply chain teams to support retail, wholesale and brand partners through the transition.
(Source：Scottish Grocer & Convenience Retailer)
