Under the direction of Dr Ajith Kumar, the optical division of C-DIT has been producing embossed hologram tax banderols
for the government of Kerala for several years, which are laser printed with a serial number.
There are major changes underway in the production and distribution of tax banderols
for alcohol in Russia, which are likely to have a significant impact on hologram producers in the country.
According to Dimuken, the main applications for the Holostripe are tax stamps, banderols
and transit tickets, and the standard models are approximately 50% cheaper than equivalent systems on the market.
Andrey Timoshenko told Holography News that the rapid increase in business is continuing, with sales for 2003 heading for a 300% rise over 2002, with a particular boost coming from the supply of hot-stamping-foil holograms for use on the country's tax banderols
which are mandatory on all tobacco and strong alcoholic drinks.
The Monza-Le Mans has been developed specifically for printers and converters and to date, three systems have been sold--to printer and hologram manufacturer Mantegazza of Italy, to the Central Bank of Iraq (where it was used to apply stripes to the now-defunct 10,000 Iraqi dinar) and, most recently, to Uzbekistan papermakers and printers Davlat Belgisi, where it will be used to apply stripes to tax banderols
Georgia already uses holograms on its tax banderols
and visas, and HSIG's marketing and sales director Carol Breuer told Holography News that there are several significant government contracts in the pipeline that Holoffset will be well-placed to win.
Under the new alcohol excise duty regime, every bottle of alcohol sold at retail (except imports and beer) will be required to carry two tax banderols
, one applied by the producer and one by the regional distributor.
Several tax authorities have therefore adopted sophisticated tax banderols
and tightly controlled distribution systems: Authentication News has reported the huge increase in tax revenues in Hungary resulting from improved tax seal and a tighter issuing system (see AN vol 5, no 2).
Since that time, plans are at an advanced stage to install a state-of-the-art banderol
printing plant under the authority of the Ministry of Finance.