Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Illegal cigarettes causing Rs24.6b annual loss in taxes, duties

byCustoms Today Report
11/10/2015
in Business
Share on FacebookShare on Twitter

LAHORE: More than 23 per cent smokers use illegal cigarettes in Pakistan, revealed a report published by Nielson Pakistan.

Highlighting the findings of the report at a seminar on “The challenge of Illicit Trade in Cigarettes: Impact and Solutions for Pakistan”, the representative of Nielson Pakistan, Rabia Asif said that illegal cigarette industry is growing at a very rapid pace and is causing an annual loss of Rs24.6 billion to the national exchequer in the form of duties and taxes.

You might also like

Business leaders seek greater relief for salaried class in budget 2026-27

13/06/2026

Canadian delegation visits UAF

12/06/2026

While the tax complaint pack prices have increased over the years, the duty evaded pack prices remain low and in most cases are sold at prices which are lower than the minimum tax payable.

The report states, in 2014, the average price of a legitimate duty paid cigarette pack of a lower category was Rs57 whereas the average price of a non-duty paid pack in the same category was only Rs27, despite the fact that the minimum tax payable on cigarette pack is around Rs33.

Due to this difference, consumer having low income switches to duty evaded packs.

One of the main causes of the growth of illicit cigarettes which has been over 43 per cent in the last six years is cited to be weak enforcement. While the report also discusses the government efforts in the past, it also highlights and recommends solutions.

Related Stories

Business leaders seek greater relief for salaried class in budget 2026-27

byCT Report
13/06/2026

ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief...

Canadian delegation visits UAF

byCT Report
12/06/2026

FAISALABAD: A three-member delegation from the Canadian High Commission, Islamabad, visited University of Agriculture Faisalabad (UAF) to discuss the area...

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Next Post

JI again opposes CPEC route

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.