Complex Made Simple

Lebanon says drive against handset smuggling ‘very fruitful’

The Lebanese telecom ministry has said its recent initiative to curb widespread mobile handset smuggling, aimed at increasing customs and VAT revenues by $60m, has been very fruitful so far, The Daily Star has reported. An assessment conducted by the ministry after the first three months of implementation showed that Customs and VAT revenues multiplied by more than 10 times, said Rita Khairallah, project manager at the ministry. "The assessment for June, July and August showed that VAT and customs fees on mobile handsets have multiplied by 10 to 12 times, in comparison to the same months last year," she said, adding that exact figures would be announced by the ministry shortly.