Customs office steps up crackdown on tobacco smuggling
South Korea’s customs office said Monday that it will beef up monitoring and crackdown on tobacco smuggling amid growing demand for cheaper cigarettes ahead of a sharp price hike slated to be effective starting next year.
The moves come as the government is to raise tobacco prices by 2,000 won (US$1.78) per pack starting on Jan. 1, the first increase since December 2004. It represents an almost 80-percent increase in the average per-pack price in Korea.
According to the Korea Customs Service (KCS), the agency will strengthen its monitoring on shipments of duty-free cigarettes intended for exports as they could be routed back to the domestic market through fake documentation.
http://www.koreaherald.com/view.php?ud=20141208000660
Related Posts
IGI airport sees rise in gold seizures from foreign countries
The Indira Gandhi International Airport (IGI) witnessed a significant surge in...
Public health interventions to protect against falsified medicines: a systematic review of international, national and local policies.
Accurate definitions of poor quality medicines are essential. The World Health...
Giles Roca: Cigarette taxation must be stubbed out without delay
The illegal trade in contraband tobacco continues to be a growing carbuncle on...
Illegal liquor worth ₹7 crore seized in Pune since poll code came into effect
Pune district seized ₹7 crore in illegal liquor and took action against 1,042...