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

News Image

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 186,543.26
147.91M
-0.98%
-1837.12
ALLSHR 111,583.82
349.66M
-0.93%
-1048.75
KSE30 57,465.50
59.19M
-0.98%
-566.70
KMI30 264,357.88
61.51M
-1.06%
-2839.99
KMIALLSHR 71,754.60
186.65M
-1.00%
-721.52
BKTi 53,332.53
12.57M
-0.79%
-424.78
OGTi 38,874.19
7.63M
-1.07%
-421.72
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 88,190.00 89,385.00
87,585.00
-890.00
-1.00%
BRENT CRUDE 69.25 69.54
68.61
0.85
1.24%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.35
-2.64%
ROTTERDAM COAL MONTHLY 98.50 98.50
98.50
0.00
0.00%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 64.08 64.38
63.28
0.87
1.38%
SUGAR #11 WORLD 14.72 14.87
14.67
-0.11
-0.74%

Chart of the Day


Latest News
January 29, 2026 at 11:21 AM GMT+05:00

Siemens Engineering quarterly earnings tumble


January 29, 2026 at 11:11 AM GMT+05:00

NAB spotlights Pakistan’s economic potential


January 29, 2026 at 10:12 AM GMT+05:00

Govt reviews energy costs amid textile export pressures


January 29, 2026 at 10:08 AM GMT+05:00

Stock Ifyy enters advisory space with SFA approval


January 29, 2026 at 10:01 AM GMT+05:00

U.S Fed holds interest rates steady



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg