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General knowledge refresher
General knowledge refresher published this article page no 11 article was published in magazine smuggling and counterfeiting why in news economic advisory council to the prime minister (eac-pm)s working paper titled smuggling and counterfeiting a re-look at strategies was released recently. about smuggling and counterfeiting smuggling: world customs organization (wco) has defined smuggling as customs offence consisting in movement of goods across a customs frontier in any clandestine manner thereby evading customs control. in india it is regulated by customs act 1962. counterfeiting: defined under section 28 ipc as: a person is said to counterfeit who causes one thing to resemble another thing intending by means of that resemblance to practise deception. 52thrives due to huge domestic demand other than pecuniary gains smuggled goods like drugs are addictive in nature and their demand from users is self-sustaining. lacunae in countering supply lack of political will inadequate infrastructure or financial resources lack of stringent enforcement a sense among some that counterfeiting and smuggling is a victimless crime. traditional examination techniques are proving inadequate in light of sophisticated concealment and extraction methods used by smuggling syndicates. violations of foreign trade policy and misuse of foreign trade agreements general knowledge refresher magazine subscription