Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TDS :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ACCOUNTING STANDARDS :: due date for vat payment :: list of goods taxed at 4% :: articles on VAT and GST in India :: cpt :: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: VAT RATES
 
 
General »
 Companies should invest in upgradation of tax technology
 Top House tax writer suggests measures to mitigate the impact of the border tax
 Consumer goods distributors, wholesalers to bear the brunt of GST
 GST classification woes to continue
 There will be no tax on farm or agriculture income
 RBI, Income Tax Acts to be amended for electoral bonds, Jaitley says
  Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016
 I-T zeroes in on Mumbai trader in first crackdown after demonetisation
  Tax queries answered by Dilip Lakhani, Senior Chartered Accountant
 Income Tax Department Failed To Unearth Black Money Despite Information
 Govt filing twice as many cases as private cos in Supreme Court

Iridium smuggling on the rise, Customs notice to airports
November, 30th 2011

Iridium powder, an expensive metal used for increasing the weight of gold, seems to have become the most preferred article to be smuggled into the country from Hong Kong.

Taking the increase in iridium smuggling cases into consideration, the Customs department has sent an internal notice to airports across the country, asking officials to look out for people trying to smuggle the contraband into the country.

On December 12, a passenger from Hong Kong was arrested for smuggling iridium powder worth Rs 17 lakh by Customs officials at Terminal 3 of the Indira Gandhi International Airport.

Though iridium is also a rare metal, it is cheaper than gold. It is used by jewellers to make gold and platinum ornaments heavier, a senior Customs official said.

Gurmeet Singh Bhatti, who holds a Chinese passport, arrived in the Capital on Cathy Pacific flight CX-695 from Hong Kong. Based on a tip-off, Air Customs caught him at the exit gate of the Green Channel.

Upon conducting a body search of the passenger, Customs officers found 1,075 grams of iridium powder concealed inside his socks, the official said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Desktop Application Development Outsourcing Desktop Application Development Offshore Desk

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions