Tanzania Revenue Authority records 34% increased revenues on Liquor
|
TANZANIA Revenue Authority (TRA) has recorded an increase of 34 per cent in excise duty on local and imported spirits and wines between February and October, this year, thanks to the rolling out of the two phases of Electronic Tax Stamp (ETS) management system. According to TRA's Deputy Commissioner General, Mr Msafiri Mbibo, the authority collected 77.8bn/- during the period under review compared to 58.2bn/-which was recorded during the same period last year, translating to an increase of 19.6 per cent. Similarly, collection of Value Added Tax (VAT) for the alcoholic drinks jumped by 30.6 per cent during the past ten months to 23.5bn/-while excise duty on carbonated drinks and bottled water surged by 8.7 per cent to 10bn/- between September and October compared to the same period last year.
For more
click here
|
|
HP's anti-fraud program seizes goods worth ₹800 million
|
India:
HP Inc
.'s Anti-Counterfeiting and Fraud (ACF) program has seized counterfeit products worth ₹800 Million in India in the past one year with Delhi-National Capital Region (NCR) leading the chart with products worth ₹330.5 Million. The PC major's ACF program helps combat production, distribution and sale of counterfeit ink and toner printing supplies, the company said on Monday. Bengaluru came a close second with seized products worth ₹220 million followed by Mumbai and Chennai with seized products worth ₹60.5 million and ₹3.5 million, respectively.
Read more,
click here
|
|
Oranco China, launches Anti-Counterfeiting Laser Technology for Liquor & Imported Wines
|
Chinese alchohol wholesaler Oranco has launches blockchain-based anti-counterfeiting laser recognition proprietary technology. Headquartered in Fenyang City, China, Oranco promotes premium alcoholic beverages to China’s population. It currently focuses its business on the sale of Chinese Fenjiu liquor and imported wines. Last year, Oranco’s wholly-owned subsidiary Fengyuang Huaxin Liquor entered into an agreement with blockchain startup Guangzhou Silicon Technology (GSTC) to develop the technology for the identification and anti-counterfeiting of the company’s premium alcoholic beverages. The technology reportedly features blockchain’s characteristics, such as uniqueness, data tampering protection, and transaction traceability.
For more
click here
|
|
Holography Trade Body Looks Forward to ‘New Growth and Opportunity’ in 2020
|
Rising global demand for ID and packaging security and authentication devices will strengthen the market for holography in 2020, according to the sector’s international trade body. The International Hologram Manufacturers Association (IHMA) sees continued integration of holograms alongside other authentication and track and trace technologies driving growth in the next 12 months, underpinning moves to support overt and covert protection strategies.
Read More
|
|
Dotz raises $3M to market tracing and anti-counterfeiting solutions
|
Dotz Nano has raised $2 million through a share placement to venture capital fund Southern Israel Bridging Fund, sophisticated investors and shareholders. Additionally, a total of $1 million has been secured through a deferred share placement with the Southern Israel Bridging Fund (SIBF). "SIBF specialises in assisting companies with unique potential and breakthrough technologies to scale up and reach the next stage of commercialisation," Dotz CEO Uzi Breier said. The funds raised will enable the tracing technology company to execute its commercialisation strategy and target manufacturers and end-customers in the anti-counterfeiting, oil and gas, and product liability sectors.
Read More
|
|
New Survey: Pharma Companies are looking to technology and digitalization, but will this be enough?
|
Pharmaceutical supply chains regularly underperform their counterparts in other industries. Pharma companies require more lead time for manufacturing, utilize less of their production capacity, and carry an unsustainable amount of inventory. By every measure, pharma supply chains could improve—and industry decision-makers have noticed. But driving changes goes beyond the standard call to simply digitize everything. The future of pharma companies depends on their ability to sense potential problems or changing demands in the supply chain and adapt their response.
Read More
|
|
Manipur plans to legalise cannabis for ‘medicinal and industries’ purposes: Biren Singh :
Read more
To Eliminate Fake Cannabis, Solo Science Launches New Authentication System:
Read more
|
|
Counterfeit Incidents from Counterfeit News Repository
|
|
Organisation Name: State Revenue Authority
Country: Armenia
Tender are Invited for Purchase of tobacco", "Excise Stamps and Stamps Printing" on Alcoholic Beverages
Deadline: 10 January 2020
Organisation Name: STATE ENTERPRISE "POLYGRAPHIC COMBINE" UKRAINE "ON PRODUCTION OF SECURITIES"
Country : Ukraine
Description: Tenders are invited for Customs clearance, Shipping, and delivery services with excise tax stamps
Deadline: 13 Dec 2019
Organisation Name: INTERNATIONAL TRADE CENTRE (ITC)
Country: Switzerland
Description: Request for proposal: Developing a web-based platform for traceability and transparency
Deadline: 17 Dec 2019
|
|
|
|
|
|
|
