The revised and updated international standard for tax stamps has passed through an important stage in its formal adoption by ISO (International Organization for Standards), advancing from a Working Draft to a Committee Draft. The standard provides guidance and best practice recommendations to revenue authorities, but is also relevant to suppliers as it will help them appreciate the approach of their actual or potential customers.

As previously reported in Tax Stamp & Traceability News™, the international standard for excise tax stamps, ISO 22382:2018, is now due its five- year review, in accordance with ISO procedures (the International Organization for Standards).

As previously announced in Tax Stamp & Traceability News™, it has been five years since the international standard for tax stamps (ISO 22382:2018) was published by the International Organization for Standards (ISO), so in accordance with ISO procedures, this standard is now due to be reviewed.

It is International Standards Organization (ISO) practice to review its standards every five years. So, ISO 22382, titled ‘Guidelines for the content, security, issuance, and examination of excise tax stamps’, which was published in 2018, will now go through this regular review.

Secure marking and excise taxes operate hand in glove. But excise duties usually account for a small percentage of countries’ overall tax take.

At the end of June, the Authentication Solution Providers’ Association (ASPA) and GS1 India joined forces to, as they describe, take the fight against counterfeiting to the next level in India, with the use of global standards.