P300-M shoes, bags uncovered in Baclaran
Thousands of boxes of fake shoes and bags worth P300 million intended for online selling were uncovered in several warehouses in Baclaran Friday afternoon. The Bureau of Customs uncovered thousands of boxes of fake goods estimated to be worth P300 million in several warehouses in Baclaran, Pasay City.
Customs agents armed with five letters of authority started a series of raids on the warehouses on June 20, Customs Commissioner Isidro Lapeña said.
Counterfeit bags, backpacks, and shoes that imitate a popular brand were found in the warehouses located in Sunjoy Tower, Bagong Milenyo, and New Russel buildings in Baclaran.
“The operation was conducted after the Customs Enforcement and Security Services (ESS) received a tip that fake items are stored in the buildings and this was also confirmed by brand representative Lee Bumgarner Inc. (LBI), brand owner of shoe and apparel brand “Vans”, said Lapeña.
https://news.mb.com.ph/2018/06/23/p300-m-shoes-bags-uncovered-in-baclaran/
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Counterfeit & smuggling invisible threat to economy, caused over Rs 39,000 crore loss
HYDERABAD: Federation of Indian Chambers of Commerce and Industry (FICCI) representatives have pointed out that stringent enforcement coupled with increased customer awareness is the only way to curb counterfeiting and smuggling of goods, which cause over Rs 39,239 crore annual revenue loss to the exchequer.
Speaking at a seminar organised by FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) on Tuesday, PC Jha, FICCI CASCADE advisor and former chairman, Central Board of Excise and Customs(CBEC), said the volume of counterfeiting activity globally increased 100 times in the last 20 years and the size of the trade in counterfeit goods was 10% of the legal international trade. “The problem of illicit trade is severe than it is commonly perceived,” Jha added.
As per the FICCI CASCADE report released in 2015, the government losses revenue due to counterfeiting and smuggling in seven manufacturing sectors was Rs 39,239 crore. While the maximum revenue loss of Rs 9,139 crore was in tobacco products, it was Rs 6,705 crore in mobiles phones and Rs 6,309 crore in alcoholic beverages.
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Move can help curb the menace of counterfeiting: FICCI seminar
Consumer insistence on being issued a receipt for the purchase of goods made as a measure to curb counterfeiting was highlighted by speakers at a seminar in the city on Tuesday.
This will reduce the problem by as much as 80%, former chairman of Central Board of Excise and Customs P.C.Jha said even while underscoring the need for a change in the mindset of consumers to buy only genuine products.
Addressing the seminar organised by FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy), of which he is the Advisor now, Mr.Jha also called for policy level changes and stringent enforcement to tackle the menace. High rates of taxation provided more incentives to the manufacturers of illicit goods since the profitability increases due to tax evasion, he said making a presentation. Improvement in the efficiency of enforcement agencies is also another aspect he sought to underscore.
A report released by FICCI CASCADE in 2015 pegged the loss to the government on account of illicit markets in seven manufacturing sectors at ₹39,239 crore. The maximum revenue loss to the exchequer was attributed to tobacco products, of ₹9,139 crore, followed by mobile phones at ₹6705 crore and alcoholic beverages at ₹6309 crore.
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‘Telangana must spruce up to combat counterfeiting’
HYDERABAD: To combat smuggling and counterfeiting activities that is draining India’s economy, the State machinery needs to be spruced up to make law enforcement effective. This was the take away from the Federation of Indian Chambers of Commerce and Industry (FICCI) CASCADE seminar on Combating counterfeiting and smuggling, held on Tuesday in Hyderabad.
“Consumers need to be educated about counterfeit goods as these days there is a narrow gap in the quality difference in packaging between the original and counterfeit goods making it difficult to differentiate,” said State finance minister Etela Rajender at his inaugural address.
The speakers pointed out that buying counterfeit and smuggled goods has led to loss of jobs in the country and as these sectors operate outside the taxable economy.
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Airport bust uncovers 4.5 MILLION cigarettes disguised as toilet paper as accused smuggler faces court over the contraband.
Officers have seized 4.5 million undeclared cigarettes being smuggled into the country and arrested a duel citizen over the bust.
Australian Border Force officers stopped the 43-year-old man for a baggage search at the Melbourne International Airport on Sunday after uncovering a massive haul of smuggled tobacco.
A six day raid in April uncovered three shipping containers at the Melbourne Container Examination Facility and were marked as containing toilet paper, kitchen paper towels and napkins.
After being stopped and checked at the airport the dual national was arrested in connection to the smuggled contraband. Each shipment allegedly contained 1,500,000 undeclared cigarettes which represents a $3.2 million loss of taxation for the Australian government.
Assistant Commissioner Enforcement Command, Sharon Huey said ABF is seeing an increase in the amount of illicit tobacco being seized in Victoria.
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Smugglers hide 10,200 cigarette packs, chewing tobacco in truck carrying sand.
Muscat: Oman Customs busted smugglers attempting to bring in 10,200 packets of illegal cigarettes and 600 kilograms of chewing tobacco into the country by hiding them underneath a load of sand on a truck.
Oman Customs said in its statement: “The Wadi Al Jizi border customs foiled a unique smuggling operation of 10,200 packets of forbidden cigarettes and 600 kilograms of chewing tobacco, where the suspect has professionally hidden them in a truck loaded with sand.”
Smugglers have been caught trying to bring contraband and illegal substances into the country in a variety of techniques, with customs officers arresting an expatriate at Muscat airport earlier this year, who was carrying 8.7 kg of marijuana and 1,285 narcotic tablets that were covered with carbon paper.
http://timesofoman.com/article/136307
Lear More‘Counterfeit goods account for 5 % of global trade’
Counterfeit/smuggled goods are visibly impacting the economy by generating black money, said PC Jha, Advisor, FICCI CASCADE (Committee against smuggling and counterfeiting activities destroying the economy).
The markets are getting inundated with cheap quality goods available at a lower price, thus decimating sales of genuine manufacturers. This grey market adversely impacts the economy, he said at a seminar organised by it in Hyderabad today. Smuggling has become a low-risk, high reward field, Jha said. The penal code is not strong enough to deal with smuggling and the court takes too much time in prosecuting, he added.
Jha called for public awareness campaigns to combat the menace. “For every product you buy, ask for a bill. It solves 80 per cent of the problem,” he said.
“The most dangerous form of counterfeiting occurs in pharmaceutical products, said Gowra Srinivas, President, Ftapcci. Hospital patients often end up getting counterfeit medicines that are hazardous to health, he added.
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30% FMCG items fake, counterfeit auto parts cause of 20% accidents: FICCI
FICCI CASCADE, the industry body working on addressing unlawful trade activities in India, says there’s an urgent need to increase awareness in consumer as well as lawmakers and enforcement agencies.
Around 20 per cent of accidents on Indian roads are caused by counterfeit automobile parts, while 30 per cent of FMCG items sold are fake, but 80 per cent of consumers still believe that they are using genuine products, according to FICCI CASCADE.
Stating that illicit products are adversely affecting Indian consumers, the industry body which is working on addressing the issue of unlawful trade activities in India, said there’s an urgent need to increase not just awareness in consumer but also among lawmakers and enforcement agencies.
FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) further said counterfeiting and illicit trade has also led to huge revenue loss to the exchequer.
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Airport bust uncovers 4.5 MILLION cigarettes disguised as toilet paper as accused smuggler faces court over the contraband.
Officers have seized 4.5 million undeclared cigarettes being smuggled into the country and arrested a duel citizen over the bust.
Australian Border Force officers stopped the 43-year-old man for a baggage search at the Melbourne International Airport on Sunday after uncovering a massive haul of smuggled tobacco.
A six day raid in April uncovered three shipping containers at the Melbourne Container Examination Facility and were marked as containing toilet paper, kitchen paper towels and napkins.
After being stopped and checked at the airport the dual national was arrested in connection to the smuggled contraband. Each shipment allegedly contained 1,500,000 undeclared cigarettes which represents a $3.2 million loss of taxation for the Australian government.
Assistant Commissioner Enforcement Command, Sharon Huey said ABF is seeing an increase in the amount of illicit tobacco being seized in Victoria.
Lear MoreFake products: 80% of consumers believe they use genuine ones, say FICCI
NEW DELHI: Around 20 per cent of accidents on Indian roads are caused by counterfeit automobile parts, while 30 per cent of FMCG items sold are fake, but 80 per cent of consumers still believe that they are using genuine products, according to FICCI CASCADE.
Stating that illicit products are adversely affecting Indian consumers, the industry body which is working on addressing the issue of unlawful trade activities in India, said there’s an urgent need to increase not just awareness in consumer but also among lawmakers and enforcement agencies.
FICCI CASCADE(Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) further said counterfeiting and illicit trade has also led to huge revenue loss to the exchequer.
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