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 Latest News

South Korean customs agency nails 7 smugglers

byCT Report
09/08/2016
in Latest News, Philippines
Share on FacebookShare on Twitter

MANILA: South Korea’s customs authorities said Tuesday they have arrested or indicted seven men for smuggling in cigarettes worth 6.4 billion won (US$5.8 million).

Four suspects allegedly imported some 800,000 packs of Korean-made cigarettes worth 3.5 billion won from the Philippines through Busan seaport and reported them as wooden chairs after stealing them from a bonded warehouse between November 2014 and March 2016, according to the Korea Customs Service.

You might also like

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

10/06/2026
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

10/06/2026

Three were accused of smuggling 500,000 packages of British tobacco from the United Arab Emirates into South Korea by disguising them as plastic toolboxes and then exporting them to a third country. One suspect allegedly smuggled 40,000 packs of South Korean cigarettes.

The customs agency said it has intensified the crackdown on cigarette smuggling, which has been on a rise for months since a price hike in January last year. The agency has caught 239 cases of smuggling through June this year, involving 6.7 billion won worth of cigarettes.

The South Korean government raised the price of cigarettes to 4,000-4,500 won per pack from 2,500 won for public health reasons and to increase tax revenue.

Related Stories

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

byCT Report
10/06/2026

KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...

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...

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

RCCI delegation meets DG Cannabis Control and Regulatory Authority

byCT Report
10/06/2026

RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...

Next Post

Netherlands company Altice earnings surges by 2.7%

  • 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.