Tag: Cigarettes

Sale of illegal cigarettes continues unabated in Pakistan

The sale of illegal cigarettes in the country has increased significantly since the imposition of the Federal Excise Duty (FED), according to a quarterly report released by the State Bank of Pakistan. The output of the official cigarette industry declined by 35.5% due to the increase in FED as it pushed the consumers towards cheaper alternatives in the form of counterfeits and cigarettes smuggled from abroad.