All
 

 

Just in:  

You are here: Home»General News»Pakistan»Non-duty paid, counterfeit/smuggled cigarettes: two FBR officers injured during crackdown

Non-duty paid, counterfeit/smuggled cigarettes: two FBR officers injured during crackdown

Two officers of the directorate of intelligence and investigation, Inland Revenue (IR) Karachi were injured seriously during a crackdown on manufactures of non-duty paid counterfeit/smuggled cigarettes in Karachi involving huge amount of evaded sales tax and federal excise duty on Monday.

On the directives of Chairman Federal Board of Revenue (FBR), Ali Arshad Hakim, DG intelligence and investigation IR has launched a massive drive against non-duty paid smuggled cigarettes and non-duty paid/counterfeit beverages. The new Director General Intelligence and Investigation (Inland Revenue) Shaista Abbas has promptly taken action on the directives of tax authorities and constituted special teams to conduct raids and intercept counterfeit and non-duty paid smuggled cigarettes as well as beverages. The first major action has been taken in Karachi on Monday.

During Monday's operation, DG intelligence and investigation IR intercepted a truck loaded with smuggled (non-duty paid) Pine cigarettes. When the agency's officers tried to stop the truck, the smugglers started firing on the officers. As a result, two officers were seriously injured and were shifted to a local hospital in critical condition. The directorate arrested three smugglers, who were taken to Saeed Abad police station.

This is first major operation against smugglers of non-duty paid counterfeit/smuggled cigarettes in Karachi. FBR Chairman Ali Arshad Hakim has strictly directed the intelligence arm of FBR to take such enforcement actions across the country against the manufactures of non-duty paid counterfeit/smuggled cigarettes.

Copyright Business Recorder, 2013



 



 
Index Closing Chg%
Arrow DJIA 15,112.19 1.35
Arrow Nasdaq 3,443.20 1.12
Arrow S&P 1,628.93 1.39
Arrow FTSE 6,348.82 0.40
Arrow DAX 8,197.08 0.39
Arrow CAC-40 3,839.34 0.55
Arrow Nikkei 13,245.22 1.83
Arrow H.Seng 20,986.89 1.13
Arrow Sensex 19,245.70 0.12






Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyMay
Trade Balance $-2.171 bln
Exports $2.175 bln
Imports $4.346 bln
WeeklyJune 17, 2013
Reserves $11.446 bln