Delhi Zonal Unit of the Directorate of Revenue Intelligence (DRI) busts Hawala racket, seizes foreign currencies worth Rs.One Crore at IGI Airport

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..... Delhi Zonal Unit of the Directorate of Revenue Intelligence (DRI) busts Hawala racket, seizes foreign currencies worth Rs.One Crore at IGI Airport - News and Press Release Dated:- 6-1-2017 - News - The Delhi Zonal Unit (DZU) of the Directorate of Revenue Intelligence (DRI),Ministry of Finance has busted at Hawala racket adopting an ingenious modus operandi of foreign currency smuggling at the I .....

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..... GI airport, New Delhi yesterday and seized foreign currencies worth about ₹ 1 crore. Officers of the Delhi Zonal Unit of DRI had mounted surveillance and intercepted a domestic as well as a Dubai-bound international passenger at Terminal 3 of IGI, Airport, New Delhi while they were exchanging their bags in the toilet in the security hold area of IGI Airport. DRI officials have seized Saud .....

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..... i Riyal, UAE Dirham and US Dollars of various denominations equivalent to ₹ 1,00,88,237 from these two passengers. The domestic passenger had booked a ticket in Air India s Bhubaneswar-bound International Flight AI 075 that was running on Hub and Spoke model. He was travelling only for the purpose of handing-over the foreign currencies to the international passenger going to Dubai by Je .....

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..... t Airways flight, after clearing Customs, Immigration and security checks as a domestic passenger to escape stringent checking of international passengers by Customs. Normally, smugglers carry foreign currencies to Dubai and bring gold, demand for which had peaked post demonetization. Further investigations are in progress. - News - Press release - PIB Tax Management India - taxmanagementind .....

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..... ia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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