![](https://www.ficcicascade.in/wp-content/uploads/2018/08/Ficci-205.jpg)
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
Smuggled gold worth Rs 6.4 Cr along with foreign currency seized on way to Vijayawada
Hyderabad: In an operation carried out during the early hours of Friday, August...
Deadly Fake Goods – $1.9 Billion In Counterfeit Products Includes Rum, Shoes, Appliances
Rum is among the latest items being counterfeited by criminals in Jamaica. The...
4 arrested for selling imported cigarettes in Mancherial.
Mancherial: Sleuths of Ramagundam Task Force busted a four-member gang involved...
EXCLUSIVE: How British tourists buying counterfeit handbags in Dubai are funding Kim Jong-un’s nuclear missile program
British tourists have been warned against buying counterfeit luxury goods in...