Monday, December 08, 2014

Sales Tax officials raid gold exhibition at airport

Kochi: The Sales Tax Department on Sunday evening raided a jewellery exhibition going on at the Cochin International Airport in Nedumbassery for violation of regulations.
Officials said the organisers of the Kerala Gem and Jewellery Show had violated several rules in the conduct of the exhibition. The exhibition is an annual business-to-business sale of jewellery supported by various traders’ organisations. “People trade in bullion or cash in exchange for gold jewellery at the exhibition. We had prior information that Sunday would see the biggest sales and began the raid at 3.30 p.m.,” said an official of the department.
08/12/14 The Hindu
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