HOME OF NOVEL FRAUDS.
LATEST GERMAN DECEPTION. j By Telegraph—Pres? Association—Copyright Australian and N.Z. Cable Association. (Received March 7. 9 a.m.) LONDON, March 6. Germany has been fertile in novel frauds. All cigarettes are subject to an excise duty of 40 per cent and a luxury tax of 6 per cent more. The fact that the tax has been paid is certified by a band gummed on the boxes. ! Forgers have found a highly profitable source of income in counterfeiting the band, and about fiA r e hundred million cigarettes, being 25 per cent of the total, now escape duty annually OAving to forged excise bands, representing a loss to the Exchequer of £2,000,000
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Bibliographic details
Star (Christchurch), Issue 16984, 7 March 1923, Page 7
Word Count
114HOME OF NOVEL FRAUDS. Star (Christchurch), Issue 16984, 7 March 1923, Page 7
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