Pakistan Customs has launched a crackdown against smuggled cigarettes

News Image

By MG News | June 05, 2023 at 02:31 PM GMT+05:00

0:00

June 05, 2023 (MLN): Pakistan Customs has launched a crackdown against smuggled cigarettes throughout the country, the value of cigarettes seized so far is estimated at Rs33.6 million, according to latest reports.

Customs with the Ganjamndi police in Rawalpindi seized a large cache of smuggled cigarettes worth Rs8m on Sunday.

The government has recently increased Federal Excise Duty (FED) on cigarettes, which has resulted in a major hike in cigarette taxes as well as prices.

Consequently, various new brands have entered the tobacco industry in a short time span.

The industry comprises price-conscious consumers who are looking for cheaper alternatives.

This has led to a major rise in demand for cheaper smuggled cigarettes.

Godowns & stores at multiple locations in different cities have been raided, and large quantities have been seized over the past couple of days.

Over the last week, Customs teams in different cities have identified godowns used to store smuggled cigarettes for distribution to shops for sale.

Several raids have been carried out over the past two days & more operations would be conducted in the next few days.

Recovery of huge quantities of Foreign Brands like Benson & Hedges, Dunhill, Pine, Mond, Esse, captain black cigarillos, Milano, and others has been made.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 120,023.24
136.80M
0.02%
20.65
ALLSHR 74,956.95
415.25M
0.09%
64.82
KSE30 36,533.23
44.37M
0.25%
91.50
KMI30 177,648.07
53.46M
0.48%
854.02
KMIALLSHR 51,412.96
224.87M
0.22%
113.15
BKTi 30,161.85
6.28M
0.10%
29.54
OGTi 27,008.50
5.66M
0.59%
157.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 101,195.00 101,705.00
99,090.00
-2225.00
-2.15%
BRENT CRUDE 78.42 81.40
78.09
1.41
1.83%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.70
-4.03%
ROTTERDAM COAL MONTHLY 103.85 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 75.23 78.40
74.91
1.39
1.88%
SUGAR #11 WORLD 16.53 16.73
16.44
0.22
1.35%

Chart of the Day


Latest News
June 23, 2025 at 06:00 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


June 23, 2025 at 12:47 AM GMT+05:00

Weekly Market Roundup


June 22, 2025 at 06:10 PM GMT+05:00

OGRA confirms ample oil stocks


June 22, 2025 at 05:44 PM GMT+05:00

Pakistan Condemns U.S. Strikes on Iran



Top 5 things to watch in this week

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