Department of Revenue Intelligence (DRI) makes seizure of about ₹ 12.91 crore including 21 kg Gold worth ₹ 6.47 crore, and Indian Currency notes worth ₹ 6.44 crore

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..... Department of Revenue Intelligence (DRI) makes seizure of about ₹ 12.91 crore including 21 kg Gold worth ₹ 6.47 crore, and Indian Currency notes worth ₹ 6.44 crore - News and Press R .....

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..... elease Dated:- 17-10-2016 - News - The Delhi Zonal Unit (DZU) of the Directorate of Revenue Intelligence (DRI), Ministry of Finance seized 20.64 kilogram gold and Indian currency notes worth ₹ .....

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..... 6.44 crore from a shop in the old Delhi area. The gold is valued at about ₹ 6.47 crore, of which 20 bars are of 1 kg each with foreign markings and of 995 purity. Searches also resulted in r .....

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..... ecovery of ₹ 6.44 crore of Indian currency notes, being the sale proceeds of smuggled gold. The total value of the seizure is about ₹ 12.91 crore. Two persons have been arrested and remand .....

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..... ed to judicial custody. Further investigation is in progress. DRI continues with its drive against smuggling and black money and has achieved significant results in the recent past. Last month, the .....

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..... Delhi Zonal Unit of DRI had made a record detection of smuggling of gold of about 7,000 Kilograms, valued at about ₹ 2,000 crore and had arrested two persons. The main kingpin has also been det .....

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..... ained under the Conservation of Foreign Exchange and Prevention of Smuggling Act (COFEPOSA), 1974. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanage .....

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..... mentindia.com - TMI - TaxTMI - TMITax .....

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