AsianetApril 11, 2013 06:34
To tackle the issue of illicit tobacco trade in Pakistan, Federal Board of Revenue (FBR) has planned to introduce Procurement Tax Labels and Supervision System, but the solution being favoured through the tendering process has already proven a failure in tackling the issues in many countries of the world.
A glance at worldwide experience shows that the proposed system implemented in different countries like Malaysia, , Brazil, Turkey and in some states of USA could not deliver the desired result as the paper-based stamps proved to be ineffective in addressing illicit trade challenges
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