BAT Malaysia managing director Jonathan Reed (pic) said that moving forward, measures to enhance enforcement should be accompanied by excise reforms to really make an impact on the tobacco black market.
PETALING JAYA: Under Budget 2021, measures were announced to stop the tobacco black market and disrupt the supply of illegal cigarettes which have resulted in billions in lost tax revenue.
Beginning Jan 1,2021, the government will freeze the issuance of new import licences for cigarettes.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
