AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

ISLAMABAD: In a commendable display of efficiency, the Federal Board of Revenue (FBR) Thursday received praise from health activists/ advocates for their proactive stance against the smuggling of cigarettes.

According to a tweet of the FBR on Thursday, the Directorates of Customs Intelligence in Karachi, Multan, and Peshawar recently conducted separate anti-smuggling operations on June 6- 7, resulting in the seizure of millions of rupees' worth of smuggled cigarettes.

Among the confiscated brands were Dunhill, Pine Mini, Royal Business, Speed Blue, Benson & Hedges, and Inhale.

The cumulative value of the seized cigarettes in these operations amounts to Rs. 79 million, with a total of 1,780,000 cigarettes recovered. These figures contribute to the overall tally for the current fiscal year, which now stands at 39,187,000 cigarettes with a combined worth of Rs. 1.093 billion.

Chairman Asim Ahmad of the FBR and the Director-General of Customs Intelligence expressed their congratulations to the Customs Intelligence teams in Karachi, Multan, and Peshawar for their successful operations. They also expressed their optimism that the momentum of anti-smuggling efforts would be sustained with even greater dedication, FBR’s tweet added.

Health advocates while appreciating the efforts of FBR has at the same time suggested FBR to be conscious of big companies reports where they allegedly revealed inflated data regarding Illicit tobacco to get tax cuts in budgets.

The representative of Capital calling Hassan Shahzad objected that the multinational companies always speak about illicit tobacco sector, however, few confiscated brands belong to their own companies.

The fight against cigarette smuggling requires a multi-pronged approach involving collaboration between government agencies, public support, and strict enforcement of regulations, he added.

Copyright Business Recorder, 2023

Comments

Comments are closed.