DRI expresses concern over increased cigarette smuggling; warns smokers against cheap sticks
Officers of Directorate of Revenue Intelligence (DRI) have expressed concern over cigarette smuggling in a report, saying that high incidence of tax on the sin good is resulting in a tax arbitrage in favour of smuggling. It said the smuggled cigarettes are, on an average, 50 per cent cheaper in the Indian market as compared to the the similar domestic brands. From a public health perspective, the smuggling of cigarettes also poses a serious challenge since a part of the smuggled cigarettes are counterfeits and the quality of tobacco and other ingredients used in them, is inferior, it added.
During 2021-22, 11 crore sticks valued at Rs 93 crore were seized by DRI officers. While 47 per cent of this originated from Myanmar, 22 per cent came from the UAE and 31 per cent from others. The report said COVID-19 pandemic has forced the policymakers and the businesses worldwide to thoroughly revisit their prevalent policy/business models. The same holds good for smugglers and contraband traffickers as well.
Related Posts
Nike Shoes Among Most Counterfeited Goods in the World
The market for fake goods is on the rise, with international trade in...
Puerto Rico authorities seize counterfeit auto parts
US Customs and Border Protection (CBP) officers and import specialists seized...
Govt to increase scrutiny of online retail: report
The government will intensify its efforts to monitor goods sold via online...
Over 20,000 illegal cigarettes and tobacco seized in raids
Over 20,000 illegal cigarette sticks and over 9kg illegal hand rolling tobacco as...