P80-M worth of smuggled, fake cigarettes found in Malabon, Manila
An anti-cigarette smuggling task force uncovered smuggled and fake cigarettes worth about P80 million in Malabon and Manila last week amid higher prices of the so-called sin product due to the government’s first tax reform package, the two leading tobacco manufacturers said.
The Bureau of Internal Revenue’s “Strike Team,” led by revenue officer Remedios Advincula Jr., in coordination with the Philippine Drug Enforcement Agency, last April 17 discovered “large” quantities of counterfeit Marlboro cigarettes at a crystal meth (shabu) factory in Barangay Santolan in Malabon, PMFTC Inc. said in a statement.
Authorities found 150 master cases of fake Marlboro cigarettes at a leased property reportedly owned by Marynor Patricio and Nova Acuna, PMFTC said, even as the tax force had yet to confiscate the goods.
Since the cigarettes are fake, they have either no tax stamps or fake tax stamps, hence depriving the government of excise tax payments.
http://newsinfo.inquirer.net/984345/p80-m-worth-of-smuggled-fake-cigarettes-found-in-malabon-manila
Related Posts
Fake Notes: Madhya Pradesh man learns printing skills in jail, produces Rs 200 fake notes after getting released
A 35-year-old man from Madhya Pradesh, Bhupendra Singh Dhakat, learned printing...
$1 Million for Counterfeit MAC Cosmetic Products Sold
Fake it ’till you make it — or maybe not, if you’re selling counterfeit cosmetics...
Banned Tobacco Worth Rs 8.5 Lakh Seized from Milk Crate in Nagpur
Nagpur Police seized banned tobacco products, worth around Rs 8.85 lakh on...
Conference reviews fight against smuggling, counterfeits
Hanoi (VNA) – Chief of the Office of the National Steering Committee 389 Dam...