FBR cracks down on non-duty paid cigarettes with 429 raids nationwide

MG News | November 13, 2023 at 10:11 AM GMT+05:00

0:00

November 13, 2023 (MLN): In an unprecedented drive to get to grips with the menace of Non-Duty paid/Counterfeit cigarettes, the designated teams of the Federal Board of Revenue (FBR) have successfully conducted 429 raids throughout the length & breadth of the country, as per a press release issued yesterday.

The effort culminated in the seizure of about 16 million Non-Duty paid/Counterfeit cigarette sticks.

On the direction of Chairman FBR, Malik Amjed Zubair Tiwana, Member Inland Revenue Operations, Mir Badshah Khan Wazir supervised the whole exercise.

According to him, the success of this exercise would convey an unequivocal message to the duty evaders to forthwith halt their illicit practices.

He also reiterated to continually fight the issue till its logical conclusion. It was further resolved that in the next phase of the drive, criminal proceedings would be initiated against such culprits.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,258.55 345.39M	-0.85% -1432.54
ALLSHR	99,756.66 682.04M	-0.84% -849.13
KSE30	50,917.87 169.66M	-0.80% -409.75
KMI30	232,771.76 122.66M	-0.63% -1483.82
KMIALLSHR	63,780.68 324.88M	-0.84% -537.69
BKTi	49,031.15 76.99M	-1.23% -610.02
OGTi	32,693.73 16.75M	-1.13% -372.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	66,185.00	67,760.00 64,325.00	-1640.00 -2.42%
BRENT CRUDE	71.88	71.96 70.69	0.12 0.17%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	107.95	107.95 107.95	0.30 0.28%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.60	66.67 65.38	0.12 0.18%
SUGAR #11 WORLD	14.05	14.10 13.78	0.18 1.30%