SIGN IN SUBSCRIBE

News Update

Farmers squat on railway tracks; 54 Amritsar-route trains cancelled4 killed & 19 hurt as truck bangs into tractor-trolleyMusk defers India’s trip citing heavy Tesla obligationsIndia needs to design legislative pills to euthanise tax-induced expatriation!I-T- Exercise of jurisdiction u/s 263 is invalid if AO has taken particular view, which though, may not be only view, but certainly can be possible view : ITATTorrential rains cause havoc in Pakistan; 87 killedI-T- Additions framed on account of unexplained money upheld as assessee was unable to prove source of cash deposited in assessee's bank account : ITATUS imposes sanctions on 3 Chinese firms and one from Belarus for transfering missile tech to PakistanDubai terribly water-logged as it has no storm drainsST - When services are received from separate source & accounted separately in separate ledgers, there cannot be any question of clubbing them under one category: CESTATEU online content rules tightened against adult content firmsCus - The continuous suspension of license of Customs Broker without either conducting an inquiry or issuing a notice for revocation of license or imposition of penalty is bad in law and needs to be set aside: CESTATEV market cools off in US; Ford, GM eyeing gas-powered trucksApple China tosses out WhatsApp & Threads from App store after being orderedChina announces launch of new military cyber corpsRailways operates record number of additional Trains in Summer Season 2024GST - Assessing officer took into account the evidence placed on record and drew conclusions - Bench is, therefore, of the view that petitioner should present a statutory appeal: HCNexus between Election Manifesto and Budget 2024 in July!
 
Jaipur Customs nabs 14 pax with 32 kg gold worth Rs 15.6 Crore

By TIOL News Service

JAIPUR, JULY 04, 2020: THE Customs here intercepted 14 Indian national pax who arrived by two charter flights from UAE and Saudi Arabia with 31.9918 kg gold valued at Rs. 15,67,59,820/- concealed in their baggage was recovered from these passengers.

Out of these 14 passengers, three passengers arrived from Ras-U1-Khama(UAE) by Spicejet flight No. SG-9055 and 12 Gold Bars/Bricks weighing 9.339kg value at Rs. 4,57,67,100/- (Rs. Four Crore Fifty Seven Lakh Sixty One Thousand One Hundred) was recovered from them. Eleven passengers arrived from Riyagh (Saudi Arabia), 22.6528kg of gold bars valued at Rs. 11,09,98,720/- (Rs. Eleven Crore Nine Lakh Ninety Eight Thousand Seven Hundred Twenty only) predominantly Suisse mark was recovered from them. The said recovered gold bars have been seized under Section 110 of the Customs Act, 1962. The said passengers are being interrogated and are likely to be placed under arrest in terms of Section 104 of the Customs Act, 1962.

 


POST YOUR COMMENTS
   

TIOL Tube Latest

TIOL Tube
Shri N K Singh, recipient of TIOL FISCAL HERITAGE AWARD 2023, delivering his acceptance speech at Fiscal Awards event held on April 6, 2024 at Taj Mahal Hotel, New Delhi.

TOP NEWS

AR not Afar by SK Rahman

VISION 360





Shri Ram Nath Kovind, Hon'ble 14th President of India, addressing the gathering at TIOL Special Awards event.

TII LATEST

TIOLCORPLAWS LATEST