Smuggled cigarettes worth ₹8 cr seized
Directorate of Revenue Intelligence officials have seized ₹8 crore worth of smuggled foreign-made cigarettes from a ship at the International Container Transhipment Terminal (ICTT) here. About 27,000 cartons of four brands of cigarettes, including Dunhill, had been concealed in a container which claimed to contain blankets and bed-sheets.
The ship had arrived from Jabel Ali seaport in the UAE. It is said smuggling of international cigarette brands into India has been on the rise for some time. Because of the high duties and taxes on cigarettes and other tobacco products in India, smuggling is very lucrative. Cigarette smuggling is said to be relatively easy, faced little competition and turned in huge profit margins for the smuggler
Related Posts
Flight attendant jailed for tobacco smuggling
A FLIGHT attendant has been jailed for carrying out a €230,000 tobacco smuggling...
Pharma working group on track-and-trace holds first meeting
Pharma supply chain security group Rx-360 has set up a work group to explore ways...
Revenue officials say cigarette smuggling is growing
Minnesota revenue officials say they need an additional $1 million annually to...
Alibaba Taps BassiurTo Tackle Counterfeiting
Just days after the U.S. government issued a stern warning to the China-based...