Asia-11 study: Pakistan, along with Vietnam, top consumer of illicit cigarettes
KARACHI: Despite all the efforts put in by the Federal Board of Revenue (FBR), illicit cigarettes still account for one-fourth of the country’s total cigarette consumption, costing the exchequer more than a quarter of a billion dollars in tax losses, according to an international study. In 2012, illicit tobacco trade was 25.4% of the total cigarettes consumed in Pakistan, according to Asia-11: Illicit Tobacco Indicator 2012, an international study compiled by the International Tax and Investment Centre and Oxford Economics.
Related Posts
Nigeria: NAFDAC Arrests Businessman for Importing Counterfeit Medicines
The National Agency for Food and Drug Administration and Control (NAFDAC) has...
No ‘restricted areas’ in combating smuggling: Deputy PM
Deputy Prime Minister Nguyen Xuan Phuc stressed that there are no ‘restricted...
Tobacco smuggling shoots up by 28 per cent
The amount of tobacco smuggled into Malta grew by some 28 per cent last year,...
DRI seized contraband goods worth Rs 1,949 crore in 2019-2020.
The Directorate of Revenue Intelligence (DRI) intercepted foreign-Origin gold,...