Socio-economic Impact of Illicit Trade Smugglers switching over to low-risk, high-reward goods like cigarettes and fabric/silk yarn – FICCI report.
FICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy) in association with the National Academy of Customs, Indirect Tax and Narcotics, (NACIN) organized a capacity building programme on the ‘Socio-Economic Impact of Illicit Trade’ on September 26 at NACIN, Faridabad. The objective was to sensitize officers of Indian Revenue Service on the ill effects of illicit trade.
Ms. Reena Arya, Additional Director General, NACIN, Chief Guest at the programme, stated that illicit trade was a global problem of enormous scale, impacting human lives and virtually every industry sector around the world. India was no exception, suffering significant economic and health & safety consequences as a result of widespread smuggling and counterfeiting in the country.
Related Posts
Letter: Cigarette smuggling increases smoking rate
It’s time for New York leaders to wake up and start listening to state law...
Alibaba Group Holding Ltd Partners With US CSPC
Alibaba Group Holding has partnered with US CSPC to end sales of harmful products...
Licensed sport merchandise market threatened by counterfeiting; US Operation Team Player tackles problem
Following Ohio State's win over the Oregon Ducks in the first college football...
Smuggled cigarettes worth P13.75-M seized in Zamboanga City
Smuggled cigarettes estimated to be worth P13.752 million were seized by the...