
One in ten cigarettes contraband, say Southampton researchers at BAT
A report commissioned by tobacco firms including BAT, still one of Southampton’s largest employers, has found that 16 per cent of cigarettes consumed in this country are either contraband or counterfeit (C&C).
As an earlier Royal United Services Institute (RUSI) report On Tap stated, organised criminals see the illegal tobacco trade as “low-risk, high-reward crime”. The overall volume of illegal cigarettes consumed in the UK during 2015 increased by more than six per cent to 6.7 billion cigarettes – the second highest increase in the EU according to the report compiled by accountancy firm KPMG.
If these black market cigarettes had been consumed legally it would have raised an additional tax revenue of 2.8 billion Euros (£2.2 billion) in the UK. Across the EU the loss of tax revenue amounted to 1.3 billion Euros.
http://www.dailyecho.co.uk/news/14681057.One_in_ten_cigarettes_contraband__say_city_researchers/
Related Posts
Ministry confiscates 160 counterfeit drugs
KUWAIT CITY: The Ministry of Health (MoH) had confiscated a total of 160...
Four-fold rise in cigarette smuggling into India: WHO
Cigarette smuggling into the country increased four-fold (by value) between 2012...
DRI seizes electronics worth Rs 80 crore at Mundra SEZ
AHMEDABAD: A team of the directorate of revenue intelligence (DRI) seized...
DRI seizes smuggled Korean-made cigarettes worth ₹10 crore
The Directorate of Revenue Intelligence (DRI) in Mumbai seized smuggled Korean...