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
ED raids premises of forex dealers in Mumbai, Goa, seize illegal money worth Rs 44.37 lakh
The Enforcement Directorate (ED) on Friday said that it has conducted searches at...
Cigarette Smuggling vs. Tobacco Taxes: Which Is Worse?
Rampant cigarette smuggling isn't the problem in New York--"sky-high" tobacco...
Betel nut smuggled to Nagpur from Sri Lanka via Mumbai port
NAGPUR: The enforcement agencies have started keeping a watch on betel nut...
Consumers warned about counterfeit clothes and scam websites
The internet has a new wave of scam websites causing misery for Irish consumers...




