Pakistan bear Rs:240 Billion Annually lose due to petrol smugglings

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Pakistan bear Rs:240 Billion Annually lose due to petrol smugglings
Pakistan bear Rs:240 Billion Annually lose due to petrol smugglings

According to the Petroleum Commission’s report, Pakistan is bearing an annual loss of Rs240 billion due to the smuggling of petroleum products after the federal cabinet’s approval.

During the year 2019-20, the Commission reported 486 filling stations across the country. It confiscated 27,911,746 liters of smuggled petrol and 997,037,434 liters of smuggled diesel, and that was just 20 percent of the total smuggled items.

There’s four times more illegal fuel that has found its way to the country with tax evasion. All of it together has caused the national exchequer a loss of about 240 billion rupees.

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