KINGSTON, Jamaica — Managing Director of Carreras Limited, Marcus Steele, a short while ago disclosed that the Government is losing close to $2 billion in taxes annually from the importation of illegal and counterfeit cigarettes.

Steele, who was speaking at a press briefing at the company’s Rippon Road office, announced that counterfeit brands including D&J, Pacific and Sunny have accounted for roughly $800 million in taxes lost to the Government.

He added that the inflow of illegal cigarettes has now reached almost 20 per cent of Jamaica’s total consumption.

“This is very disheartening. When you look at where we are finding these brands, they are right across the island and it is very frustrating for the legal cigarette operators,” Steele said.

According to the managing director, the frequent increase in excise rate is contributory to the influx of illegal cigarettes on the local market, as consumers seek cheaper alternatives.

“The Government stipulates that a stick of cigarette is sold for $45, but these brands are being sold for $25,” he said.

He noted that the matter is being addressed by the Counter Terrorism and Organised Crime Branch of the Jamaica Constabulary Force, which is working with other local authorities to increase border protection, port monitoring and enforcement.

Karena Bennett