
Government loses RM2.5b tax revenue due to illicit cigarette trade, assemblyman says
The illegal cigarette trade is causing the government to lose about RM2.5 billion in tax revenue last year, National Kenaf and Tobacco Board chairman Datuk Mohd AdhanKechik said. He said the figure was arrived at based on information received from tobacco industry players. “The smuggling of illegal cigarettes is said to be due the exorbitant cigarette prices here, which is among the highest (in the region) besides Singapore and Brunei.
Related Posts
How Counterfeit Anabolic Steroids Cross US Border
Anabolic steroids are made in various countries and have to cross international...
Ho Chi Minh police seize five tons of counterfeit cosmetics
The National Steering Committee on Prevention and Control of Smuggling, Trade...
Nepal police busts fake currency racket, 3 Pak nationals arrested.
Bringing to light how Pakistani nationals use Nepal as a transit hub for...
3 men arrested in Bihar’s Buxar village for printing fake currency notes at home: Cop
Dharmendra Singh, the prime suspect, shut down his private security agency in...