BR100 Increased By (0.29%)
BR30 Increased By (0.37%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.20 No Change ▼ 0.00 (0%)
BML 58.30 Decreased By ▼ -0.95 (-1.6%)
BOP 33.95 Increased By ▲ 0.27 (0.8%)
CNERGY 10.63 Increased By ▲ 0.82 (8.36%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.75 Increased By ▲ 0.23 (0.43%)
FFL 16.50 Decreased By ▼ -0.18 (-1.08%)
FNEL 1.24 Increased By ▲ 0.03 (2.48%)
KEL 7.30 Decreased By ▼ -0.05 (-0.68%)
KOSM 5.61 No Change ▼ 0.00 (0%)
LOTCHEM 29.87 Increased By ▲ 0.76 (2.61%)
MLCF 96.30 Increased By ▲ 0.80 (0.84%)
NBP 204.40 Increased By ▲ 0.05 (0.02%)
NCPL 57.06 Decreased By ▼ -1.18 (-2.03%)
NPL 67.45 Decreased By ▼ -0.34 (-0.5%)
OGDC 317.99 Increased By ▲ 0.05 (0.02%)
PACE 10.64 Decreased By ▼ -0.07 (-0.65%)
PAEL 41.90 Increased By ▲ 0.07 (0.17%)
PIBTL 16.78 Increased By ▲ 0.28 (1.7%)
PPL 220.44 Increased By ▲ 0.70 (0.32%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 69.80 Decreased By ▼ -0.97 (-1.37%)
SSGC 29.26 Increased By ▲ 0.33 (1.14%)
TBL 9.78 Decreased By ▼ -0.06 (-0.61%)
TELE 8.89 Increased By ▲ 0.13 (1.48%)
TPL 17.08 Increased By ▲ 0.63 (3.83%)
TPLP 12.56 Increased By ▲ 0.46 (3.8%)
TREET 22.72 Decreased By ▼ -0.08 (-0.35%)
TRG 60.26 Increased By ▲ 0.23 (0.38%)

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 for this article.