Smuggled cigarettes causing Rs24b loss
Pakistan is losing billions of rupees in annual excise revenue due to large scale and organised smuggling of internationally popular cigarette brands into Pakistan via Afghanistan.
A report by Tobacco Farmers Welfare Association (TFWA) estimates an annual loss in revenue of more than Rs24 billion due to illicit cigarette trade.
The use of smuggled brands like Benson & Hedges, Dunhill, Marlboro, Pine etc. is increasing among Pakistani youth. And while big tobacco firms continue to augment their revenues, Pakistan is suffering major economic losses.
http://nation.com.pk/business/22-Jul-2016/smuggled-cigarettes-causing-rs24b-loss
Related Posts
Power banks: Be careful when shopping, says official
Ministry man says lack of manpower hampers checks on products and traders, urges...
Foreign cigarettes worth Rs 5 lakh seized in Odisha, 4 held
Paradip (Odisha), Sep 27 (PTI) The Odisha Police on Monday seized foreign-origin...
Assam Rifles recovers smuggled foreign-origin cigarettes worth Rs 65 lakh, nabs 1 in Mizoram
In their continued efforts against smuggling activities, the Assam Rifles troops...
More than 45 million illicit cigarettes seized in five days across two states
The Australian Border Force's crackdown in the illicit tobacco market claimed a...