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 154,439.68
241.10M
-1.09%
-1701.56
ALLSHR 94,668.16
984.91M
-0.80%
-765.63
KSE30 47,119.91
93.25M
-1.26%
-600.63
KMI30 226,125.72
147.15M
-1.17%
-2674.34
KMIALLSHR 63,569.05
456.03M
-0.92%
-592.28
BKTi 41,622.83
56.72M
-1.28%
-538.80
OGTi 31,488.79
10.15M
-1.08%
-344.95
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 116,850.00 117,320.00
114,850.00
1920.00
1.67%
BRENT CRUDE 66.88 68.17
65.71
0.51
0.77%
RICHARDS BAY COAL MONTHLY 84.00 84.00
84.00
-1.90
-2.21%
ROTTERDAM COAL MONTHLY 93.00 93.25
92.75
0.00
0.00%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 62.60 63.98
61.69
0.23
0.37%
SUGAR #11 WORLD 15.81 15.87
15.67
-0.01
-0.06%

Chart of the Day


Latest News
September 12, 2025 at 06:41 PM GMT+05:00

CCP approves AZT Foundation’s acquisition of Route2Health


September 12, 2025 at 05:24 PM GMT+05:00

SBP updates IFRS 9 rules for microfinance banks


September 12, 2025 at 05:16 PM GMT+05:00

PSX Closing Bell: The Tide Turns Red


September 12, 2025 at 05:04 PM GMT+05:00

PKR ends week with flat trade at 281.55



Top 5 things to watch in this week

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