Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

RM2.4 bil revenue lost due to cigarette, liquor smuggling

March 4, 2015 by admin News 0 comments

The country loses about RM1.9 billion in revenue annually as a result of cigarette smuggling activities and another RM500 million on revenue from unpaid duty for smuggled liquor.
 

http://www.kinibiz.com/story/corporate/150693/rm2.4-bil-revenue-lost-due-to-cigarette-liquor-smuggling.html

Prev
Next

Related Posts

P200M illicit cigarettes seized in QC, Caloocan warehouses
September 13, 2024

Some P200 million worth of illicit cigarettes were seized by authorities in two...

NT$10 million in smuggled tobacco seized in Pingtung.
May 29, 2018

Taiwan's Coast Guard Administration (CGA) busted a tobacco smuggling operation in...

Hike in taxes on Tobacco will encourage smuggling
June 30, 2014

Reports about hike in duty on tobacco products may not persuade many to give up...

Bulgaria set to increase cigarette excise duties in 2016
November 11, 2014

Bulgaria’s Cabinet approved the timeline for increasing excise duties on...