Sunday, August 25, 2013

Customs seize gold worth Rs 1.15 crore at IGI airport

New Delhi:  Even as the rupee continues to slide, the ever-rising duty on gold imports to curb it is having a cascading effect on the smuggling of the yellow metal.
Customs authorities at IGI airport in Delhi on Saturday seized smuggled gold worth Rs 1.15 crore from a passenger coming from Singapore. Based on suspicion, the said passenger was searched and 31 gold bars were recovered from specially designed pockets in his trousers.
According to sources, on Saturday, while keeping surveillance on the passengers coming from Singapore sector, one passenger who arrived at IGI Airport from Singapore on flight No. SQ-406 was intercepted after he crossed the green channel.
The passenger's movement was suspicious and customs authorities profiled him for further examination as it was suspected he may have been carrying goods for which duties were not paid.
24/08/13 Deeptiman Tiwari/Times of India
To Read the News in full at Source, Click the Headline