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

News Image

By 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 125,627.31
258.99M
1.00%
1248.25
ALLSHR 78,584.71
1,142.41M
1.16%
904.89
KSE30 38,153.79
69.25M
0.63%
238.06
KMI30 184,886.50
91.38M
0.01%
13.72
KMIALLSHR 53,763.81
554.57M
0.54%
290.61
BKTi 31,921.68
33.15M
1.78%
557.94
OGTi 27,773.98
9.65M
-0.40%
-112.21
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,055.00 109,565.00
107,195.00
570.00
0.53%
BRENT CRUDE 66.64 67.20
65.92
-0.16
-0.24%
RICHARDS BAY COAL MONTHLY 97.00 97.00
97.00
1.05
1.09%
ROTTERDAM COAL MONTHLY 107.65 107.65
105.85
1.25
1.17%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 64.97 65.82
64.50
-0.55
-0.84%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management


June 30, 2025 at 10:08 PM GMT+05:00

SBP’s March FX intervention stands at $860m



Top 5 things to watch in this week

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