-
Samir Sheth was reportedly arrested from the Kolkata airport and was allegedly wearing a Greubel Forsey without declaring it to customs. A search of his home allegedly yielded 34 luxury watches
-
Government agencies have detected numerous cases of attempts being made to smuggle in gold and silver. Between April 2022 and February 2023, 3,992 kg of smuggled gold was seized as compared to 2,172 kg in 2021-22.
-
In September 2021, the Directorate of Revenue Intelligence (DRI), a central agency, had seized around 3,000 kg of heroin, believed to have originated in Afghanistan and worth about Rs 21,000 crore in global markets, from two containers at the Mundra port.
-
While investigating cases of gold smuggling, the DRI had found out about a syndicate involved in the processing and distribution of smuggled gold, and the payment for these valuables was done through the hawala channel, an official said.
-
The finance minister was speaking at the DRI's 65th Foundation Day. "DRI should look at whether there is any relation between higher gold imports and higher detection of gold smuggling. Customs duty on gold does not determine the extent of smuggling, which seems to have its own cycle pattern.”
-
In one of the biggest seizures of amphetamine and cocaine in the country, Directorate of Revenue Intelligence (DRI) officers intercepted and seized a truck in Mumbai on October 1.
-
By not adding royalty and licence fee into the transaction value, Xiaomi India was evading customs duty being the beneficial owner of such imported mobile phones, the parts and components thereof, the Finance Ministry said.
-
Their physical examination on Friday revealed that the consignments actually contained 2,245 handsets of iPhone 13 Pro, 1,401 handsets of iPhone 13 Pro Max, 12 handsets of Google Pixel 6 pro and one Apple Smart Watch, collectively valued at Rs 42.86 crore.
-
In a swift follow-up operation, further recovery of 5.409 kgs of foreign-origin gold smuggled into India adopting a similar modus operandi, was made from a Delhi-based jeweller, the statement issued by the Directorate of Revenue Intelligence (DRI) said.
-
The seized hazardous cargo containers were en route from Karachi in Pakistan to Shanghai in China, and the containers were not destined for Mundra Port.
-
The federal agency early this month took over the case from the Directorate of Revenue Intelligence (DRI) on directions of the Union Home Ministry and registered a criminal complaint under sections of the Narcotic Drugs and Psychotropic Substances Act and the Unlawful Activities Prevention Act (UAPA).
-
The value of the seized heroin per kilogram is about Rs 5-7 crore in the international market, an official said. The eight people arrested include four Afghan nationals, one Uzbek National and three Indians.
-
The consignment of 13.2 kilos of pseudoephedrine was found concealed in photo frames and albums that were bound for Australia.
-
During December-January, around 15,000 tonnes of ostensible 'crude rapeseed oil' were imported through Ghojadanga LCS from Bangladesh availing duty exemption under SAFTA -- a conspicuous spurt.
-
A major gold smuggling racket
that illegally brought around 7,000 kilograms of gold worth
over Rs 2,000 crore from Myanmar to India in past over two
years has been busted by Directorate of Revenue Intelligence
(DRI).
-
"This is with reference to various newspaper reports regarding of issuance of show cause notice by the Directorate of Revenue Intelligence (DRI) to Reliance Infrastructure Ltd.
-
Congress took a swipe at Prime Minister Narendra Modi over the issue of black money in the wake of reports about unearthing of Rs 2240 crore banking hawala scam
-
The ED has arrested one Manish Jain under the Prevention of Money Laundering Scam. Jain transferred more than Rs 500 crore through 70 fake bank accounts
-
Sony and Toshiba are facing the Revenue Intelligence Department's scrutiny for allegedly misusing the Asean-India Free Trade Agreement norms that allow duty concessions for imported goods
-
In a first-of-its-kind measure, the EC has created a board of senior officials drawn from 10 financial and security intelligence departments which will meet twice a week at 'Nirvachan Sadan', to generate common leads and flag suspect money instances.
-
DRI were conducting a discrete enquiry for the past two years. They have recently written to the finance ministry raising the concern that many export oriented units are seeking duty drawback benefits.
-
The case relates to an investigation by Directorate of Revenue Intelligence. DRI charged that Hewlett-Packard India Sales Pvt Ltd (HPI), a subsidiary of HP, had underpaid customs duties while importing products and spare parts into India.
-
Organisations must learn to work with each other, and learn to 'speak' to each other, he said at the foundation day of DRI here. Highlighting the importance of use of technology by agencies like DRI, Chidambaram said, "I think any organisation can change and re-engineer in a very short span of time (with the help of technology)."
-
Directorate of Revenue Intelligence (DRI) today unearthed a case of undervaluation through bogus billing at Sikka port here in Gujarat, involving duty evasion of Rs 50 lakh.
-
Government today introduced a Bill in Lok Sabha to amend customs law with a view to facilitate recovery of taxes worth thousands of crore of rupees.
