AVN 67.06 Decreased By ▼ -0.92 (-1.35%)
BOP 9.70 Decreased By ▼ -0.18 (-1.82%)
CHCC 130.00 Decreased By ▼ -3.50 (-2.62%)
DCL 11.20 Decreased By ▼ -0.35 (-3.03%)
DGKC 113.00 Decreased By ▼ -1.35 (-1.18%)
EFERT 60.45 Increased By ▲ 0.35 (0.58%)
EPCL 43.75 Decreased By ▼ -0.25 (-0.57%)
FCCL 21.01 Increased By ▲ 0.11 (0.53%)
FFL 17.64 Decreased By ▼ -0.01 (-0.06%)
HASCOL 21.00 Decreased By ▼ -0.16 (-0.76%)
HBL 131.00 Decreased By ▼ -2.00 (-1.5%)
HUBC 81.00 Decreased By ▼ -0.55 (-0.67%)
HUMNL 8.00 Decreased By ▼ -0.21 (-2.56%)
JSCL 30.51 Increased By ▲ 0.61 (2.04%)
KAPCO 26.51 Decreased By ▼ -0.39 (-1.45%)
KEL 4.20 Increased By ▲ 0.07 (1.69%)
LOTCHEM 12.56 Decreased By ▼ -0.34 (-2.64%)
MLCF 39.60 Decreased By ▼ -0.57 (-1.42%)
OGDC 105.86 Decreased By ▼ -2.40 (-2.22%)
PAEL 37.03 Decreased By ▼ -1.07 (-2.81%)
PIBTL 13.19 Decreased By ▼ -0.43 (-3.16%)
PIOC 98.09 Decreased By ▼ -0.92 (-0.93%)
POWER 9.26 Increased By ▲ 0.02 (0.22%)
PPL 93.12 Decreased By ▼ -2.15 (-2.26%)
PSO 201.12 Decreased By ▼ -0.88 (-0.44%)
SNGP 64.00 Decreased By ▼ -1.40 (-2.14%)
STPL 13.90 Decreased By ▼ -0.41 (-2.87%)
TRG 54.52 Decreased By ▼ -2.03 (-3.59%)
UNITY 18.02 Increased By ▲ 0.41 (2.33%)
WTL 1.20 Decreased By ▼ -0.02 (-1.64%)
BR100 4,308 Decreased By ▼ -46.07 (-1.06%)
BR30 21,939 Decreased By ▼ -285.09 (-1.28%)
KSE100 41,499 Decreased By ▼ -376.98 (-0.9%)
KSE30 17,519 Decreased By ▼ -155.53 (-0.88%)
COVID-19 TOTAL DAILY
CASES 308,217 799
DEATHS 6,437 5

ISLAMABAD: As part of the ongoing crackdown against illicit tobacco trade in light of the directions of the Director General, Dr Bashirullah Khan Marwat, the Directorate of Intelligence & Investigation-Inland Revenue, Peshawar intercepted a truck near Mattani Bye-pass and recovered from it 216 cartons of counterfeit brands of cigarettes, which were clandestinely transported to Rawalpindi via Motorway.

The counterfeit brands include Capstan, Gold Leaf and Morven etc. which belong to be the sole domain of the multi-national companies thus paying huge taxes to the government. The value of the duty and taxes thus evaded through illegal movement is estimated at Rs4,555,440/- in addition to the own value of the goods at Rs2,268,000/-. Since July 2020 onwards, it is 9th seizure by the Directorate in a row as a result of which 5,700,000 sticks of counterfeit/non-duty paid cigarettes along-with vehicles have been seized for initiation of legal proceedings under the law.

Copyright Business Recorder, 2020