
Cigarette smuggling causing over Rs 20bn loss annually
The country suffers an annual loss of over Rs 20 billion owing of illegal tobacco trade as international smugglers have allegedly forge a nexus with Federal Board of Revenue (FBR) to target local cigarette manufacture companies through a fake report. According to local cigarette companies, smuggled cigarettes are available in the market despite the presence of the intelligence directorates general of the Customs Department and the Federal Board of Revenue (FBR).
“If FBR effectively checks non-duty paid items, smuggled items would not be available in the federal capital,” the companies said, adding that the main reason for the failure to control cigarette smuggling was lack of efforts by the agencies.
http://dailytimes.com.pk/islamabad/13-Apr-16/cigarette-smuggling-causing-over-rs-20bn-loss-annually
Related Posts
BIR urges public to report fake, smuggled cigarettes
THE BUREAU of Internal Revenue (BIR) is urging cigarette buyers to report fake or...
Samurai sword, fake Adidas runners and Rolexes seized in major Revenue crackdown
Revenue has seized a major haul of contraband worth almost €570,000 across...
Revenue officials seize 45,000 cigarettes at Dublin Airport
Revenue officers have seized 45,000 cigarettes at Dublin Airport. The seizure...
Counterfeit of Luxury goods
THE grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such...



