ISLAMABAD: The Inland Revenue Enforcement Network (IREN) team of Rawalpindi Regional Tax Obligation Workplace, in a major counter-evasion procedure, has actually seized 2 vehicles unlawfully carrying non-tax paid fake cigarettes for supply into the local market.
The trucks were filled with 300 cartons of fake cigarettes of Standard Brand and Kissan Brand name each, including 6 million cigarette sticks, stated a news release provided by the Federal Board of Earnings on Friday.
It was pointed out that the market worth of the seized cigarettes involves Rs18,900,000, entailing unsettled duties as well as tax obligations worth Rs12,646,500. Several of the imitation cigarette brands are made in Azad Jammu as well as Kashmir (AJK) and after that carried throughout markets country wide without payment of duty and taxes. Inland Earnings Operations Participant Dr Muhammad Ashfaq Ahmed went to Rawalpindi Regional Tax obligation Office (RTO) and also satisfied elderly police officers in addition to the participants of the raiding team.
He valued RTO Principal Commissioner Dr Khalid Mahmood Lodhi on his enforcement drive to curb the motion of immoral cigarettes as well as revealed a special incentive for the participants of the raiding squad.
Dr Ahmed additionally apprised the RTO team that from July 1, Track as well as Trace System would certainly be turned out to cover tobacco production throughout the country, adding that the AJK federal government had actually approached FBR to prolong the scope of the tracking system to cigarette manufacturing devices situated in the area.
The member additionally stated that FBR was in the procedure of drafting brand-new regulations wherein cigarette brand names registered with FBR might just be offered in Pakistani markets