From: South China Morning Post
- Contraband, with estimated street value of HK$54 million, would have cost the government HK$38 million in taxes
- Most of it thought to have come from mainland China
About HK$54 million (US$6.9 million) worth of contraband cigarettes were seized in the first 11 months of 2018, up more than 50 per cent year on year.
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That was up on the 189 storage facilities raided in the same period last year, with the seizure of 13 million duty-not-paid cigarettes. Those hauls had an estimated street value of HK$35 million, with tax potential of HK$24.7 million.
A law enforcement source said most contraband cigarettes found in the city were smuggled from mainland China.
