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: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: form 3cd :: due date for vat payment :: VAT Audit :: ACCOUNTING STANDARD :: empanelment :: articles on VAT and GST in India :: TDS
 
 
Latest Circulars »
 RBI-External Commercial Borrowings (ECB)
 Issuance of 28 days Cash Management Bills under Market Stabilisation Scheme (MSS)
 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 All You wanted to know from RBI about: Withdrawal of Legal Tender Status of ₹ 500 and ₹ 1000 Notes
 Deposit of Specified Bank Notes (SBNs) – Chest Balance Limit / Cash Holding Limit
 Withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000: Activity at Banks during November 10-27, 2016
 Reserve Bank of India Act, 1934 – Section 42(1A) Requirement for maintaining additional CRR
 Chest Guarantee Scheme for Specified Bank Notes (SBNs) - CGSS
 Quarterly Projection Model for India: Key Elements and Properties
  Special measures to incentivise Electronic Payments – (i) Enhancement in issuance limits for Pre-Paid Payment Instruments (PPIs) in India (ii) Special measures for merchants
 Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 23, 2016)

Press Release: Seizure of 650 kg. of pangolin scales valued at Rs. 3.26 crore
December, 01st 2010

GOVERNMENT OF INDIA
DIRECTORATE OF REVENUE INTELLIGENCE
KOLKATA ZONAL UNIT
8, Ho Chi-Minh Sarani, Kolkata- 700071
Telephone: - (033)-2282 3321, Fax: - (033)-2282 4465

Press release

SEIZURE OF 650 KG. OF PANGOLIN SCALES VALUED AT RS. 3.26 CRORE.

Acting on a specific intelligence, the DRI officers of Kolkata Zonal Unit visited Kolkata Airport on 19.11.2010 and identified/detained five (5) packets which were likely to be delivered at Imphal via jet airways flight from Kolkata for illegally exporting out the same through Moreh border. On examination of the said detained five packets on 22.11.2010 it was found that those packets contained Pangolin Scales wrapped in HDPE sacks, as identified by the officer of Wildlife Crime Control Bureau. Total 138.60 kgs. of Pangolin Scales valued at Rs. 70.00 lakh were recovered from those 5 packets and seized under the Customs Act, 1962.

On development of further intelligence the DRI officers of Kolkata Zonal Unit again visited the Kolkata Airport on 26.11.2010 and examined another 17 packets and recovered 511.65 kgs of Pangolin Scales totally valued at Rs. 2.56 Crore. The Pangolin being a highly endangered species listed under Schedule I of CITES export of the same and its body parts is prohibited in the EXIM policy of the Govt. of India. Therefore, the aforesaid goods were seized under section 110 of the Customs Act, 1962 on reason to belief that these prohibited items were attempted to be exported out of India illegally. Further investigation is in progress.

Sd/
(R.K.RAMAN)
JOINT DIRECTOR

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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