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Two trucks carrying illicit cigarettes seized


Two trucks carrying illicit cigarettes seized
Tracking system to roll out from July 1 to cover tobacco manufacturing
Reuters
April 17, 2021
ISLAMABAD:
The Inland Revenue Enforcement Network (IREN) squad of Rawalpindi Regional Tax Office, in a major counter-evasion operation, has seized two trucks illegally transporting non-tax paid counterfeit cigarettes for supply into the local market.
The trucks were loaded with 300 cartons of counterfeit cigarettes of Classic Brand and Kissan Brand each, containing six million cigarette sticks, stated a press release issued by the Federal Board of Revenue on Friday.
It was mentioned that the market value of the seized cigarettes comes to Rs18,900,000, involving unpaid duties and taxes worth Rs12,646,500. Some of the counterfeit cigarette brands are manufactured in Azad Jammu and Kashmir (AJK) and then transported across markets nationally without payment of duty and taxes. Inland Revenue Operations Member Dr Muhamm ....

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600 cartons of counterfeit cigarettes seized


600 cartons of counterfeit cigarettes seized
National
April 17, 2021
ISLAMABAD: After seizure of 600 cartons of counterfeit cigarette brands, FBR’s Member Inland Revenue (IR) Operation Dr Mohamad Ashfaque said the Track and Trace System would be rolled over across the country from July 1, 2021.
The AJK has also approached the FBR for installing the system. The member stated that the board was drafting new rules whereby only the cigarette brands registered with the FBR could sell in Pakistani markets.
According to official announcement of the FBR here Friday, the Inland Revenue Enforcement Network (IREN) Squad of Regional Tax Office, Rawalpindi, has seized two trucks which were transporting non-tax paid counterfeit cigarettes to the local market. The trucks were loaded with 600 cartons of counterfeit cigarettes. Market value of the seized cigarettes comes to Rs18.9 million, involving Rs12.6 million unpaid duties and taxes. Some counterfeit cigarette brands a ....

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