Fake cigarettes cost Rs. 5.7 billion loss every year
Fake cigarettes are causing an annual loss of approximately Rs. 5.7 billion due to tax evasion, as reported by ARY News. The market is flooded with counterfeit or non-duty paid cigarettes, with over 42.5 million bearing fake tax stamps. Strict implementation of track and trace systems is being demanded by industry sources. FBR recently seized over 307,000 non-duty paid cigarettes in Karachi.