
Taxing question of curbs on tobacco smuggling
GCC health ministers last month endorsed the call for a 100 per cent increase in customs duties on tobacco products.
There are two important issues related to imposing higher taxes on tobacco. The first is the need to avoid sudden, large tax rises that would lead to an increase in illicit trade. The other is that we must not let that illegal trade provide finance to organised crime groups and terrorist organisations.
http://www.thenational.ae/business/economy/taxing-question-of-curbs-on-tobacco-smuggling
Related Posts
AFDAC’s new anti-counterfeiting strategies
The menace of counterfeit and substandard drugs, is no doubt one that has been on...
RM42,000 worth of fake cosmetics seized in Rantau Panjang.
RANTAU PANJANG: The General Operations Force (GOF) seized 1,056 bottles of...
Jaipur: Police seize 750 remdesivir injections; arrest 6
JAIPUR: The crime branch has arrested six persons for selling remdesivir...
Kerala: Over 1 kilo gold seized by customs officials in two days in separate incidents at Calicut airport
Over 1 kilo gold has been seized by customs officials in a span of just two days...



