Excise Tax for vape products 2022

From October 1st 2022, importation on vape related products will require an excise stamp to be imported into Canada. Starting January 1st 2023, all non-stamped products will be taken off the shelves and sales will be banned.

What does it mean for consumers?

The increased cost of the tax will be approximately $7 per 30mL and $10 per 60mL.

For example: The first 10 mL will be charged at $1 per 2mL, and $1 per 2mL thereafter.

For pods and disposables, they will now be taxed at $1 per container of 2mL cartridges.

For example: A pack of 2 pods will be taxed at $1 per 2mL cartridge, resulting in a price increase of $2 per pack. For disposables, it will be charged at $1 per 2mL of juice within the container of the disposables. 2.1mL of juice, will be charged at $2.

For importers/distributors.

Importers and distributors now needs a "Vaping Prescribed Person" license to purchase vaping excise stamps and have them stamped on products prior importation into Canada. Strict requirements, financial stability and responsibilities will need to be met before approval of this license by the CRA Excise Stamp department.

For more information please head here, for more information regarding the "Vaping Prescribed Person" license.