
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
New US anti-counterfeit legislation to kill fake trade across the ASEAN region.
Counterfeit product sales are at an epidemic level and it seems unstoppable. The...
Illegal Cigarettes and Tobacco Seized in East Riding
More than 650,000 illegal cigarettes and packets of tobacco have been seized in...
Businessmen charged with selling counterfeit drugs
A suburban New York pharmaceutical company sold more than $17 million in...
250m fake phones sold in Nigeria yearly –NCC
From Walter Ukaegbu, AbujaNEWLY appointed acting Executive Vice Chairman,...


