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: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: cpt :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: articles on VAT and GST in India :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: TDS :: ACCOUNTING STANDARD
 
 
« Latest Circulars »
 Payment Systems - Next Orbit (Shri R. Gandhi, Deputy Governor - February 20, 2017 - at the launch of Bharat QR Code at Hotel Trident, Mumbai)
 Financing MSMEs: Banks & FinTechs – Competition, Collaboration or Competitive Collaboration? (Shri S. S. Mundra, Deputy Governor – February 20, 2017 – at the NAMCABS Seminar organized by College of Agricultural Banking in Mumbai)
 Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors
 RBI-Formation of twenty one new districts in the State of Telangana - Assignment of Lead Bank Responsibility
 RBI imposes penalty on Janata Urban Co-operative Bank Ltd., Wai, District Satara
 Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List–M/s HDFC Bank Ltd.
 Reserve Bank of India seeks Comments on Draft Circular on Rationalisation of Merchant Discount Rate (MDR) for Debit Card Transactions
 Forward Rate Agreement (FRA) and Interest Rate Swap (IRS) - Withdrawal of Fortnightly return
 RBI-Foreign Investments in India
  RBI cancels the Licence of the Shri Chhatrapati Urban Co-operative Bank Ltd., Pimple Nilakh, Pune, Maharashtra
  Finance Minister meets the Directors of the RBI Central Board

Seizure of gold Gold worth Rs.12 Lakhs by AIU, Customs Commte (Airport), Cochin
May, 15th 2012
      OFFICE OF THE ADDITIONAL COMMISSIONER OF CUSTOMS
                 COCHIN INTERNATIONAL AIRPORT
                 NEDUMBASSERY, COCHIN ­ 683 111.
                 Tel: 0484-2610077 Fax: 0484-2610075

             Cochin Airport Customs Seizes Gold worth Rs.12 Lakhs


       On 10-05-2012, one lady passenger dressed in the `purdah ( abaya) and
scarf was intercepted near exit gate of Customs Arrival hall, on suspicion while
she was coming out with her husband and two children, opting customs clearance
through green channel. On verification of the Passport her name found to be Smt.
Benzy Mathew and has arrived from Jeddah by SaudiAirlines flight No. SV 776.
Since a Christian lady was wearing purdah it arouse suspicion. On personal search
of her body by the lady officer, 426 grams gold jewellery worth Rs. 12.23 Lakhs
were found concealed under the long sleeves of purdah and scarf.
       The same were seized under Section 110 of the Customs Act, 1962 on the
reasonable belief that the same are liable for confiscation under the provisions of
Section 111 of the said Act. In her statement, recorded immediately after the
seizure, she admitted that she wore the purdah and scraf to conceal the gold
ornaments which she worn and to avoid detection and payment of duty. A case
was registered against the said passenger. The seizure was effected by the AIU
superintendents viz. S/shri. T.B. Karthikeyan , A.D Joseph, C.V. Thampi,
C.K.Gopi, Smt. Indira and Shri. L.K. Arun ,inspector under the supervision of
Shri. C. Madhavan, and Shri. Nasser khan Deputy Commissioners


Dated : 10-05-2012.
                                                    (C. MADHAVAN)
                      DEPUTY COMMISSIONER OF CUSTOMS (Airport)
 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 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