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Embracing Tectonic Changes: The Impact of Electronic Excise Tax Stamp on Digitalization in the Ukrainian Market

Draft law No. 8287 on the electronic stamp of excise tax brings tectonic changes in the tobacco and alcohol market of Ukraine. And business should keep this in mind. The law signed by the President is aimed at creating an effective system of circulation of excise goods and ensuring electronic interaction between state bodies and business entities. The introduction of an electronic excise stamp will make the burdensome process of ordering paper stamps a thing of the past, helping to combat the shadow market and promoting the development of legal entrepreneurship.

One of the main advantages of the introduction of an electronic excise tax stamp is the effective tracking of the movement of alcohol, tobacco products, and e-cigarette liquids from the manufacturer/importer to the final consumer. This system will allow control of every stage of circulation of excise goods, which will contribute to reducing the risk of smuggling and illegal trade. Such control will help to avoid abuse and unauthorized movement of goods on the black market.

Another key advantage of the introduction of an electronic excise tax stamp is the ability to control the completeness and timeliness of excise tax payments for specified goods. Thanks to this, the state will receive information on the number and volume of excise goods on the market and will use it for analysis and planning of budget revenues. Ensuring accurate accounting of excise payments will stimulate business entities to comply with the legislation and contribute to increasing state budget revenues.

In addition, every citizen will be able to identify products and check the legality of the product’s origin using an electronic stamp. This will increase consumer confidence in the market for excise goods, as they will be able to verify that the goods are officially registered and that the appropriate excise tax has been paid. Such a mechanism to protect consumers from contraband or low-quality goods will help support legal business and ensure quality products on the market.

The introduction of an electronic excise tax stamp is an important step toward the legalization and development of the excise goods market. This initiative will help to reduce the shadow sector and illegal trade, and will also increase the revenues of the state budget. The electronic system of circulation of excise goods relies on the use of modern technologies and information resources, which makes it an effective control tool.

It is expected that electronic excise tax stamps will be introduced from January 1, 2026. This law will improve the conditions for entrepreneurship, attract investments and develop new technologies in the field of circulation of excise goods. In practice, this will stimulate market development, support legal producers and help provide consumers with quality and safe products.

The introduction of an electronic stamp of the excise tax is a key step towards bringing the market out of the shadows and legalizing excise goods. This law will contribute to the creation of an efficient system of circulation, reduction of smuggling and illegal trade, and will also increase revenues of the state budget.

We at PMP Group certainly welcome the introduction of the electronic excise stamp as it will help create a more transparent and legal market environment. In addition, our company is ready to help enterprises in the implementation of the electronic system of circulation of excise goods, which contributes to the improvement of their business efficiency and helps to achieve compliance with the new legislation. We are sure that this initiative will help make a significant contribution to the development of the Ukrainian economy and ensure the transition to a modern and transparent market environment.