Hindustan Times (Chandigarh)

FOR SMUGGLERS, GOLD STILL SHINES BRIGHT

- Rachel Lopez

Gold smugglers are a creative lot. In the months after the government tried to curb imports by imposing a 10% duty on gold coming into the country, in 2013, they disguised the yellow metal as staple pins, speakers and microwave transforme­rs. They mixed gold filaments into cases of saffron. They stuffed it into cigarettes. They even sewed it into bras, as underwires.

Three years on, data from the Directorat­e of Revenue Intelligen­ce suggests that the lustre of gold may have dimmed. While Rs 1,120 crore or 4,480 kg of the metal was seized across India in 2014-2015, the past financial year yielded seizures of merely Rs 340 crore or 1,360 kg.

Determined individual­s, however, keep developing ever more ingenious means to sneak their glittering stash past Customs at Indian airports

Indian passport holders are allowed to bring in up to 1 kg of gold if they are returning after six months. But in the last 12 months alone, authoritie­s at internatio­nal airports in Delhi, Mumbai Chennai, Kolkata, Hyderabad, Pune and Goa have caught fliers from the UAE, Bangladesh, Hong Kong and Thailand carrying much more.

Some of it came in via organised gangs and airline crew, the rest was stashed in the unlikelies­t places by enterprisi­ng internatio­nal passengers. These are the ones that got

caught. How many got away?

 ??  ??
 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from India