PESHAWAR: The Directorate of Intelligence & Investigation-Inland Revenue, Peshawar intercepted a truck near Mattani Byepass and recovered 216 cartons of counterfeit brands of cigarettes evading duty taxes worth Rs6.5 million.
According to details as part of the ongoing crackdown against illicit tobacco trade in light of the directions of the Director General Dr. Bashirullah Khan Marwat, the Directorate of Intelligence & Investigation-Inland Revenue, Peshawar intercepted a truck near Mattani Byepass and recovered 216 cartons of counterfeit brands of cigarettes, which were clandestinely been transported to Rawalpindi via Motorway.
The counterfeit brands include Capstan, Gold Leaf and Marven etc. which belong to be the sole domain of the multi-national companies thus paying huge taxes to the Govt.
Value of the duty and taxes thus evaded through illegal movement is estimated at Rs4.555 million in addition to the own value of the goods at Rs2.268 million.
Since July 2020 onwards, it is 9th seizure by the Directorate in a row as a result of which 5,700,000 sticks of counterfeit/non-duty paid cigarettes along-with vehicles have been seized for initiation of legal proceedings under the law.
The Director l&I-IR Peshawar has hinted at intensifying operation against businesses that operate without being registered with the FBR thus causing huge revenue loss to the exchequer.
