26 May 2022
DiamondWorld Directory
-
Home |
News
Home
Indian Customs eying new record of gold seizures in 2014
Until second week of October, the department has so far seized 815 kilograms of gold.
By: Diamond World News Service
|
Oct 27 2014 4:06AM
|
Reference: 10754  

DecreaseIncrease
The gold seizure at the Mumbai International Airport is all set to reach a new record in 2014, report says.

The Customs officials have reportedly seized 815 kilograms of gold until second week of October. This is more than twice the quantity of gold seized during entire 2013. The value of seized gold now stands at Rs 205 crore, adds a report. Going by the current rate, the quantity of gold seized in a full year is all set to cross 1000 kilograms in 2014, for the first time in the Airport’s history, adds a report. Further, the report adds that to keep the increased incidences of gold smuggling in check, the Direct Revenue Intelligence (DRI) under the Customs Department had tightened the scrutiny mechanisms and security procedures at the airport.

For the past three years, the gold seizures has shown steady rise. The gold seized in 2012 had totaled just 63 kilograms while in 2013, there was five-fold rise in gold seizures to 346 kilograms, adds a report.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2022
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 30831
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 7826
GJEPC Chairman Interview
Views: 27032
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 37496
Promo for IJ Awards 2012 at NDTV Profit
Views: 51487
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 65117
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21005
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 49329
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 50614
Member of:
Supporter of: