The national exchequer started losing 240 billion annually due to tax evasion on cigarettes

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Due to tax evasion in the cigarette sector, the national treasury started losing 240 billion annually.

According to the Apsus survey report, after the increase in excise duty in February, the share of illegal cigarettes has reached 48 percent.

According to the survey report, tax is being evaded on more than 2 billion cigarette packets, causing a loss of 240 billion rupees to the national exchequer annually.

The volume of illegal cigarette trade is 48%, the decrease in tax target acquisition is the increase in sales of illegal cigarette brands.

According to the survey report, currently 83% of cigarettes are being sold without track and trace, currently there are illegal cigarette brands in the market that are priced between Rs 30 and Rs 60.

According to the report, more than 128 brands of cigarettes in the market do not have track and trace stamp, government agencies have completely failed in effective implementation of track and trace system.

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