DRI seizes mobile accessories, branded goods worth Rs 80 crore in Gujarat
By MYBRANDBOOK
The Directorate of Revenue Intelligence (DRI) has seized mobile accessories, e-cigarettes, branded bags and cosmetics worth Rs 80 crore from Mundra port in Gujarat’s Kutch district and arrested two persons.
The goods were being sought to be cleared through the SEZ route, and six suspect containers were identified. The goods were concealed in a shipment of garment accessories and ladies footwear having a declared value of Rs 1.5 crore.
Upon investigating, the DRI recovered 33,138 pieces of Apple airpods/batteries, 4,800 e-cigarettes, 7.11 lakh mobile/electronic goods/accessories, 29,077 branded bags, shoes and cosmetics, 53,385 branded watches, 58,927 automobile parts, concealed in the imported goods.
The DRI said, “The value of the alleged misdeclared/smuggled goods is estimated at Rs 80 crore against the declared value of Rs 1.5 crore. Accordingly, the goods were seized under the provisions of the Indian Customs Act, 1962.”
Two people were arrested under the Customs Act and further investigations were underway. The investigation also revealed that the importers did not exist at the registered premises, and the syndicate had used various dummy importers to smuggle such goods in the past.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : MUKESH D. AMBANI
Mukesh Dhirubhai Ambani is an Indian businessman and the chairman and ...
Icons Of India : ASHISH KUMAR CHAUHAN
Ashish kumar Chauhan, an Indian business executive and administrator, ...
ICONS OF INDIA : S KRISHNAN
S Krishnan as the secretary for the electronics and information techno...
STPI - Software Technology Parks of India
STPI promotes and facilitates the growth of the IT and ITES industry i...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
IOCL - Indian Oil Corporation Ltd.
IOCL is India’s largest oil refining and marketing company ...
Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology
Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...