
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
More than €2m worth of cigarettes seized by Revenue officers in Wexford
Approximately 2.4 million cigarettes with an estimated retail value of over €2m...
Nixa woman sold more than $80 million of Chinese counterfeit cellphone products
A Nixa woman pleaded guilty to selling more than $80 million worth of counterfeit...
Police bust rackets producing fake medicines, cosmetics, food items
Delhi Police has busted rackets producing counterfeit medicines, food items,...
Excise team seizes illicit country-made liquor, 3 held.
State excise department team on Friday seized huge quantity of illicit...


