About the Tax Stamp & Traceability Forum
Excise duty on tobacco, spirits, wine, beer and other excisable goods is an important source of revenue for governments. This income is, however, under threat from the illicit trade in all these goods – whether in the form of contraband, counterfeiting or tax evasion.
Governments, which are losing billions each year in lost revenues, can protect themselves and this valuable source of revenue by deploying tax stamps as a vehicle for tax collection and proof of payment. And the same vehicle, in providing proof of authenticity and secure track and trace, also protects the interests of other stakeholders, including economic operators, consumers and public health bodies.
Come and meet our experts to learn how OPTEL can help you comply with government regulations