Tobacco Smuggling Rises Explosively as Gov’t Is Set to Raise Cigarette Price
As the government’s decision to raise the cigarette prices by 80 percent from early next year has become the talk of the town, the scale of tobacco smuggling is getting bigger.
According to data submitted by the Korea Customs Service requested by Congressman BakMaeng-woo (New Frontier Party), the value of smuggled tobacco products caught at the customs rose more than 10 times to 43.69 billion won (US$40.9 million) last year from 4.09 billion won in 2011 and 3.28 billion in 2012.
Related Posts
₹15 crore worth mobile phones, watches, gold seized by Mumbai Customs
A team from Indian Customs seized high-end mobile phones and other undeclared...
Forest Gate man among trio arrested on suspicion of tobacco smuggling
A man from Forest Gate is among three arrested on suspicion of smuggling tobacco...
Authorities adopt an ‘iron fist’ in effort to tackle smuggling
In recent years, police, army and customs have been fighting smuggling, trade...
Man jailed for 5 years for smuggling fake currency notes
Kolkata, Feb 28 (PTI) A special NIA court here sentenced a man on Monday to five...