Uganda loses Sh3bn to illicit cigarette imports
The Uganda Revenue Authority (URA) would have netted more than Ush200 billion (about Sh5.46 billion) from the cigarette trade alone but only got Ush74 billion (Sh2 billion) due to a surge in cigarette smuggling last year.
In a media briefing yesterday in Kampala, Mr Vincent Seruma, the URA assistant commissioner public and corporate affairs, said illicit importation of cigarettes occasions serious revenue losses to the exchequer.
“Cigarettes are high value. It enters the country through roguish ways which we are aware of. We have invested significantly in intelligence to break the rackets,” he said.
In the last six months, the URA said it had conducted several interceptions and recovered smuggled goods via the consolidation centre in Kisaasi, a suburb, north east of Kampala.
Related Posts
Three People Arrested With Silver Worth Rs. 75 Lakh On Telangana Express.
A Railway Protection Force (RPF) team of Northern Railway arrested three people...
Tiny Particles could Help Verify Counterfeit Goods
Chemical engineers hope smartphone-readable microparticles could crack down on...
Woman Caught Smuggling 102 iPhone Units Into China by Wearing Them
There have been ample reports in the past of how the obsession with Apple's most...
Holyoke man accused in multi-state illegal cigarette distribution ring
A Holyoke man is facing several charges after investigators allege he was running...