Tuesday, April 7, 2020  | 13 Shaaban, 1441
Samaa TV
Facebook Twitter Youtube
HOME > Money

Revenue rises as FBR clamps down on counterfeit cigarettes

SAMAA | - Posted: Feb 20, 2020 | Last Updated: 2 months ago
SAMAA |
Posted: Feb 20, 2020 | Last Updated: 2 months ago
Revenue rises as FBR clamps down on counterfeit cigarettes

Photo: AFP

The Federal Board of Revenue has cracked down on the illegal supply of counterfeit cigarettes that were produced in tax-free Azad Kashmir and supplied across Pakistan.

In a press release issued on Thursday, the FBR said cigarettes produced in Mirpur were being smuggled into Punjab and the rest of Pakistan via the Jhelum route. This was being done to evade duties on their export outside the Azad Kashmir region.

The press release said that since the crackdown on counterfeit cigarettes began in 2019, the amount of excise revenue collected on the production of cigarettes at the regional tax office in Peshawar has spiked by 95%.

It said that the number of raids on counterfeit cigarette producers and interception of smuggling convoys has also increased.

FaceBook WhatsApp
 
HOME  
 
 
RELATED STORIES
 

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
 
 
 
 
MOST READ
MOST READ
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp