VPDS101900 - Vaping Products Duty and Vaping Duty Stamps: Duty Points & Payment: Calculating duty
The duty rate is set per 10millilitres (ml) of vaping product.
If you have a volume more or less than 10ml, then you need to calculate it accordingly, for example:
Duty rate is £2.20 per 10ml. If a vape device contains 2ml of vaping product then the duty liability is:
- £2.20/10 = 22p per 1.0ml
- 22p per 1ml x 2.0ml = 44p duty.
Duty rate is £2.20 per 10ml. If you have a total of 3 litres of vaping product, then the duty liability is:
- In three litres there are 3000ml
- £2.20/10 = 22p per 1.0ml
- 22p per 1ml x 3000ml = £660.00 duty.
Duty rate is £2.20 per 10ml. If you were to seize a batch of 45,000 products, each a pod of 2ml, then the duty liability is:
- 45,000 x 2ml = 90,000 ml of vaping product
- £2.20/10ml = 22p per 1.0ml
- 22p per 1ml x 90,000 = £19,800.00 duty.
When undertaking calculations, the result should be rounded down to the nearest penny.