
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
Smuggled cigarettes worth P13.75-M seized in Zamboanga City
Smuggled cigarettes estimated to be worth P13.752 million were seized by the...
Kenya: The Man On a Mission to Shine Light On Fake Goods
From fake phones to illicit alcoholic drinks, the Kenyan market has been raided...
Smuggled cigarettes causing Rs24b loss
Pakistan is losing billions of rupees in annual excise revenue due to large scale...
Fake liquor manufacturing center found near school in Thrissur, 1070 liters seized
THRISSUR: A fake liquor manufacturing center with a distribution network all over...