Tax evasion due to smuggling of foreign-made cigarettes
Mizoram Chief Minister Lal Thanhawla said that huge tax evasion was suspected due to the smuggling of foreign-made cigarettes to Mizoram and immediate action was required to put an end to it.
Thanhawla was quoted by anofficial statement as saying the smuggling of cigarettes from neighbouring countries are carried out in a “hawala-like racket”, the statement said.
The government, he said, has been contemplating hiking of taxes on cigarettes and other tobacco products.
http://www.easternmirrornagaland.com/tax-evasion-due-to-smuggling-of-foreign-made-cigarettes/
Related Posts
Excise team seizes illicit country-made liquor, 3 held.
State excise department team on Friday seized huge quantity of illicit...
Be Careful: Gov’t Warned Tax On Alcohol And Tobacco Could Increase Smuggling
Last week the finance minister, Audley Shaw, announced an increase in the special...
Two Newport stores caught selling illegal smuggled cigarettes have licences revoked
TWO Newport stores have had their licences revoked for selling illegal, smuggled...
Turks distributing fake liquor to Russians get 90-year jail
Four Turkish nationals were sentenced Monday to 90 years in prison after they...