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FBR Chairman Commends RTO Peshawar for Seizing Illicit Cigarettes

Web DeskApril 25, 2024 12:05 AMbusiness
  • RTO Peshawar IREN team seizes 1,869 packets of non-duty cigarettes
  • Chairman FBR and Member Inland Revenue praise swift action
  • Collaboration crucial in combating tax evasion and illegal trade practices
FBR Chairman Commends RTO Peshawar for Seizing Illicit CigarettesImage Credits: Business Recorder
The Regional Tax Office (RTO) Peshawar's Inland Revenue Enforcement Network (IREN) team seized 1,869 packets of non-duty cigarettes worth Rs 162.6 million in a raid at a warehouse in Yar Hussain, Swabi. FBR Chairman and Member Inland Revenue commended the swift action, highlighting the commitment to combat tax evasion and illegal trade practices through collaboration between law enforcement agencies and tax authorities.

The Regional Tax Office (RTO) Peshawar Inland Revenue Enforcement Network (IREN) team made a significant breakthrough by seizing 1,869 packets of non-duty/non-TTS cigarettes worth approximately Rs 162.6 million. This operation took place during a raid at a warehouse in Yar Hussain, Swabi, marking a historic achievement in the fight against illicit activities.

Chairman of the Federal Board of Revenue (FBR), Malik Amjed Zubair Tiwana, and Member Inland Revenue (Operations), Mir Badshah Khan Wazir, praised the RTO Peshawar for their swift and effective action. The successful operation underscores the commitment of the authorities to combat tax evasion and illegal trade practices in the region.

This seizure not only represents a significant financial impact but also sends a strong message to those involved in illegal activities. The collaboration between law enforcement agencies and tax authorities is crucial in maintaining the integrity of the tax system and ensuring compliance with regulations.

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