Rs156m non-duty paid cigarettes seized

Published November 12, 2021
This file photo shows cigratte packs are displayed at a shop. — AFP/File
This file photo shows cigratte packs are displayed at a shop. — AFP/File

ISLAMABAD: The Federal Board of Revenue (FBR) seized 65.811 million cigarette sticks worth Rs156.48 million in the first four months of current fiscal year as part of a drive against tax evasion.

The seizure of cigarettes resulted in detection of evasion of taxes and duties of Rs125.662m during the period under review.

The Inland Revenue Enforcement Network (IREN), a subordinate department of Inland Revenue, was established in September 2019 to conduct raids and seizures on the counterfeit and non-duty paid cigarettes.

In October, IREN had seized 16.326m illegal cigarettes worth Rs46.978m. As such evasion of taxes and duties worth of Rs33.366m was detected.

An official announcement said that as a part of ongoing country-wide crackdown against illicit cigarette trade, all IREN hubs intensified their operation against businesses dealing in non-duty paid and counterfeit cigarettes to save national exchequer from revenue loss.

FBR Chairman Ashfaq Ahmed has announced that from Jan 1, 2022, the Track & Trace System (TTS) would be rolled out to cover tobacco manufacturing across the country, and that AJK government had also approached the board to extend the scope of TTS to cigarette manufacturing units located inside AJK territory.

Meanwhile, Pakistan Customs has developed an automated facility in WeBOC System to enable the small and medium export enterprises to acquire imported input goods from a Common Export House (CEH) for subsequent exports under the Export Facilitation Scheme 2021.

The CEH is a warehouse authorised by the collector of customs for importing supply of input goods without payment of customs duty, sales tax, federal excise duty and withholding tax, to the small and medium export enterprises, direct or indirect exporters or commercial exporters.

Published in Dawn, November 12th, 2021

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

High troop losses
Updated 24 Dec, 2024

High troop losses

Continuing terror attacks show that our counterterrorism measures need a revamp. Localised IBOs appear to be a sound and available option.
Energy conundrum
24 Dec, 2024

Energy conundrum

THE onset of cold weather in the country has brought with it a familiar woe: a severe shortage of piped gas for...
Positive cricket change
24 Dec, 2024

Positive cricket change

HEADING into their Champions Trophy title defence, Pakistan are hitting the right notes. Mohammad Rizwan’s charges...
Internet restrictions
Updated 23 Dec, 2024

Internet restrictions

Notion that Pakistan enjoys unprecedented freedom of expression difficult to reconcile with the reality of restrictions.
Bangladesh reset
23 Dec, 2024

Bangladesh reset

THE vibes were positive during Prime Minister Shehbaz Sharif’s recent meeting with Bangladesh interim leader Dr...
Leaving home
23 Dec, 2024

Leaving home

FROM asylum seekers to economic migrants, the continuing exodus from Pakistan shows mass disillusionment with the...