# Finance Act 2026, Section 118: Excise duty point and payment

Extent: E+W+S+N.I.

Vaping products duty is to be paid, and the amount chargeable is to be determined and become due, in accordance with provision made by or under—
(a) section 1 of F(No.2)A 1992 (powers to fix excise duty point);
(b) section 45 of TCTA 2018 (general power for excise duty purposes etc).

---
Source: https://www.legislation.gov.uk/ukpga/2026/11/section/118 (the official version)
Page: https://openlegislation.uk/finance-act-2026/section-118
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.