Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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 :: list of goods taxed at 4% :: cpt :: due date for vat payment :: form 3cd :: Central Excise rule to resale the machines to a new company :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARD :: VAT RATES :: ACCOUNTING STANDARDS :: VAT Audit
 
 
Customs and Excise »
 Allocate the charges amongst the Members of the Central Board of Excise and Customs
  Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 4 new members appointed in Central Board of Excise and Customs
 Constitution of Review Committees of the Chief Commissioners of Central Excise and Service Tax-Regd.
 Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports

Cannabis proceeds used by politicians: Customs officials
December, 23rd 2011

Contradicting news reports that the cannabis grown in char areas (sand islands) of the Brahmaputra and its tributaries along lower Assam is smuggled to Bangladesh, senior officials of the Commissionerate of Customs (Preventive), northeastern region, stated that the yield is not smuggled out across the border but sold in India. They alleged the money is ploughed into the "Indian political system with an aim to drive the indigenous people and tribals to the brim of extinction."

Interestingly, the arrest of Pakhi Mia, a drug lord with a fair bit of political clout, is an angle that the customs sleuths are examining in order to establish the nexus between cannabis dealers and politicians. A senior customs official divulged on condition of anonymity that Bangladeshi drug lords are not involved in the racket. "Instead, the ganja planters are being patronized by a coterie of political personalities," he said, refusing to disclose names.

"These inaccessible sand islands have been chosen for growing cannabis by temporary dwellers, evidently foreign nationals, causing great worry to customs officials of the region. It is very difficult to nab the cannabis growers as most of their dwellings are temporary and so are the cultivation areas, which emerge only when the water recedes," the customs official said.

"Cannabis is used in India for recreation purposes but its cultivation and dealing in it in any form is prohibited under the provisions of the Narcotics Drugs and Psychotropic Substances Act, 1985. The value of fully-grown cannabis plants, including semi-dry ganja, grown on 35 bigha of land is estimated at Rs 3 crore. Processed cannabis in the grey market fetches Rs 2,500 to Rs 3,000 a kg," the official said.

The customs department has no evidence of druglords operating from Bangladesh in these areas as reported, the official said. "Our intelligence inputs indicate that the huge booty from this illegal cultivation of cannabis goes to the benefit of a handful of politicians to sustain their political ambitions," he said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Enterprise Resource Planning Solutions ERP Solutions Enterprise Resource Planning Software Solutions ERP Software Solutions Supply Chain Management Solutions SCM Solutions Supply Chain Management Software Solutions SCM Software Solutions Enterprise Resource Planning Solutions India ERP Solutions India Enterprise Resource Planning Software Solutions India ERP Software Solutions India Supply Chain Management Solutions India SCM Solutions India Supply Chain Management Software Solutions India SCM Software Solutions India

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