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CIGARETTE SEIZURES IN INDIA
Philip Morris India calls for stronger enforcement and collaboration to disrupt illicit tobacco ecosystemAs per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimate...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
GST Council clears "track and trace" mechanism, cigarettes and pan masala likely first targetsThe GST Council will track cigarettes and pan masala to stop tax evasion. A unique code will be placed on products. This will help the gove...
Despite ban, e-cigarettes widely available at tobacco shops, sold without age verification: SurveyE-cigarettes are widely available in India despite being banned by law, according to a joint survey covering seven areas, including Delhi a...
Assam polls: Election Commission seizes Rs. 31.81 crores in Assam from February 26 to March 11ECI stated Under the supervision of the Election Commission of India, round the clock vigilance has been maintained to enforce expenditure ...
Illegal cigarettes account for one-fourth of market: ReportThe report by tobacco industry body The Tobacco Institute of India (TII), the steep tax increases on cigarettes have provided a boost to il...
Spike in cigarette smuggling during COVID-19 lockdown: FICCI CASCADEFICCI CASCADE (Committee Against Smuggling and Counterfeiting Activities Destroying the Economy), said the seizure of foreign brand cigaret...
Indian companies’ supply of heroin chemical helping fund Afghan Taliban: Narco bodyA report has expressed concern at single largest seizure of illicit acetic anhydride in Noida in October 2018, about 9,000 litres. “The che...
Confiscation at airports, e-cigarette users cry foul, says law allows personal useDespite the new e-cigarette prohibition law excluding personal use, e-cigarette users are reporting seizures of their devices at airports a...
Smuggled cigarettes worth Rs 2.69 crore seized, one arrestedAccording to reports, the consignment of cigarettes was smuggled from Myanmar to India.
Cigarette, tobacco smuggling incidents jump 136% in 2yrs: ReportMaximum revenue loss to the exchequer came from illicit trade of tobacco products, mobile phones, alcoholic beverages, it said.
Disincentivise cigarette smuggling through tax policy: FAIFA"We appeal to the government to have a taxation policy, that disincentivises cigarette smuggling," FAIFA General Secretary Murali Babu said...
Illicit trade on rise in India, says Ficci-KPMG reportThe seizure value from misuse of end use was at Rs 770 crore and that from other means was at Rs 2,780 crore, seeing a rise of 191 per cent...
Ficci urges government to clamp down on rising contraband tradeThe report by Ficci body CASCADE pegged the loss in seven industry sectors at Rs 1,05,381 crore, increasing 44.4 per cent between 2011-12 a...
Use GST to curb illegal cigarette trade, tobacco body saysTobacco Institute of India director Syed Mahmood Ahmad said GST presents a unique opportunity to government to address the growing illegal ...
High taxes on cigarettes impact farmer’s incomeHigh taxes on cigarettes may have led to a drop in sale of domestic brands of cigarettes, but it has impacted farmer’s income and also incr...
Smuggling of cigarettes into India increases four times: WHOCigarette smuggling into the country increased four-fold between 2012 and 2014, seizure data from the Directorate of Revenue Intelligence (...
As duties make cigarettes expensive, foreign brands like Luvin Fresh surreptitiously enter the marketGudang Garam, Djarum Black some of names that have prompted enforcement agencies to smoke out those who are bringing such foreign cigarette...
US cracks down on websites selling bidis, Indian cigarettesFDA said that their several products have been found to be "adulterated" under relevant regulations and did not carry the required permits ...
- Tax sleuths crack down on cigarette makers for duty evasion
Besides, the officials have also seized cigarettes worth Rs 48 lakh during the raids.