
Lack of checks allows tobacco, fuel smuggling to proliferate
At a time when fuel and tobacco smuggling is rife, the authorities are reducing the number of inspections instead of increasing them, resulting in significant revenue losses for the state.
In the fuel market, there is virtually no monitoring, even though the wider gap between the taxes on diesel and heating oil provide the ideal conditions for illegal trade to flourish.
From the 27,365 inspections conducted during 2014, in the first half of this year authorities conducted just 1,702 inspections and confiscated only 60 liters of unleaded gasoline. Furthermore, the data the Finance Ministry receives from the fuel stations’ inflow-outflow systems are not checked, with officials saying the responsible agency is understaffed.
Related Posts
Fake products: 80% of consumers believe they use genuine ones, say FICCI
NEW DELHI: Around 20 per cent of accidents on Indian roads are caused by...
Curbing the menace of imported fake products
Fake and substandard products keep streaming into the country despite the army of...
How To Spot Fake Reviews (& What To Do About Them)
There are a lot of opinions in the land of the World Wide Web. When it comes to...
Officials vow to stamp out counterfeiting
Finance Minister Ibrahim Al-Assaf said commercial fraud and counterfeiting have...