The End of the VAT exemption for goods up to €22 – No Transitional Period
22 June 2021
As from 1st July 2021, the European Union will introduce new VAT e-commerce rules to...
Article 4b of Council directive 76/768/EEC relative to cosmetic products provides that:
"the use in cosmetic products of substances classified as carcinogenic, mutagenic or toxic for reproduction, of category 1, 2 and 3, under Annex I to Directive 67/548/EEC shall be prohibited. A substance classified in category 3 may be used in cosmetics if the substance has been evaluated by the SCCNFP and found acceptable for use in cosmetic products".
Toluene is classified as category 3, toxic for reproduction under Annex I to Council directive 67/548/EEC. This substance is not regulated in an Annex to the Cosmetics Directive, nor has it been evaluated previously by the SCCNFP/SCCP. The SCCP delivered its final opinion on 15 April 2008 on the safe use of toluene. In summary it concluded that:
"…inclusion of toluene up to 25% is safe from the general toxicological view in nail cosmetics used as intended in adults and children. However, the SCCP would like to point out that there is a foreseeable risk of increased inhalation by children as part of the normal playing behaviour from cosmetics promoted as children's toys. Therefore, the use of toluene in such products is not considered appropriate".
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).