January 13, 2017

Body formed to investigate illicit trade of cigarettes [Pakistan]

From: Business Recorder

The Federal Board of Revenue (FBR) has constituted a joint committee comprising Director General (DG) Intelligence & Investigation Inland Revenue (IR), DG Intelligence & Investigation (Customs), Chief Commissioner IR RTOs, Peshawar/Islamabad/ Rawalpindi & CCIR Large Taxpayer Unit (LTU), Islamabad, to check/probe into illicit manufacturing/trade of cigarettes/tobacco.

Sources said that the decision was taken in the last Chief Commissioner Conference. It was stated during the proceedings of the conference that revenue from cigarette sector was not showing any improvement due to decrease in the production/sales of the formal sector of tobacco manufacturing/ trade.

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