The Hindu Business Line, in its March 22, 2013 article, reports that Indian Customs seize 174 kg gold during apr-feb.
Extract :
|
|
|
|
|
|
The government today
said Customs Department has seized 174.62 kg of gold worth Rs 51.03 crore during first 11
months of the current fiscal.
Customs Department
at the international borders seized 160.98 kg of gold valued at Rs 34.67 crore during 2011-12,
Finance Minister P Chidambaram said in a written reply to the Lok Sabha.
All the Customs
formations including Directorate of Revenue Intelligence (DRI) have been sensitised to prevent smuggling of gold into the country,
he said.
Constant
surveillance is kept on seaports, airports and land customs stations, he
added.
In order to curb
imports of the precious metals, the government in January hiked
the import duty on gold and platinum to 6 per cent from 4 per cent.
|
|
