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
Delhi: Customs seizes 2,800 kg Pak-origin cosmetics sent via UAE to evade Rs 1.2 cr duty
The Delhi Customs has seized around 2,800 kg of Pakistani-origin cosmetic...
Counterfeiting likely to cause loss of over 5 million jobs globally by 2022: FICCI
Kolkata: A recent FICCI report has revealed that the total employment loss...
Fake Samsung phones worth Sh6.5m seized in Nairobi
The Anti-Counterfeit Agency seized 276 counterfeit Samsung phones worth Sh6.5...
800,000 fewer illegal cigarettes on our region’s streets
More than 800,000 illegal cigarettes have been seized by West Yorkshire Trading...




