HomeIndirect TaxesGold Smuggling Bid Foiled: Customs Seizes Gold Worth Rs. 1.5 Crore 

Gold Smuggling Bid Foiled: Customs Seizes Gold Worth Rs. 1.5 Crore 

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

In a major crackdown on gold smuggling, the Customs units at Kannur and Calicut International Airports have seized 1,791.42 grams of gold, estimated to be worth ₹1.5 crore. The smuggled gold was found in various forms, including circular sheets, a gold lump, a gold ring, a gold chain, and capsules concealed inside the clothing and bodies of two passengers.

The seizures were carried out by the Customs Commissionerate (Preventive), Cochin (CCP Cochin) as part of their intensified surveillance against gold smuggling networks. The two individuals involved in the smuggling attempt have been intercepted, and further investigations are underway to trace the syndicate behind the operation.

Authorities continue to maintain heightened vigilance at airports across Kerala to curb illegal gold imports. This seizure highlights the evolving tactics employed by smugglers and the proactive measures taken by Customs officials to counteract such illicit activities.

Read More: Madras High Court Stays ED’s Rs. 10 Crore Property Attachment Order Against Director Shankar in Enthiran Copyright Case

Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations

Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...

RBI Keeps Repo Rate at 5.25%: Impact on Loans, EMIs and Savings

The Reserve Bank of India (RBI) has kept the benchmark repo rate unchanged at...

More like this

Section 96 of RFCTLARR Act Overrides Tax Ambiguity: CBDT Clarifies Compensation for Acquired Land Not Taxable

The tax treatment of compensation received on compulsory acquisition of land under the Right...

President Promulgates Income Tax Amendment Ordinance, 2026; Exempts FIIs and BIS from G-Sec Tax Liabilities

The President of India has promulgated the Income-tax (Amendment) Ordinance, 2026 (No. 2 of...

SEBI Probes Rajesh Exports Over Revenue Misrepresentation; Company Denies Allegations

Rajesh Exports Ltd., one of India's best-known gold refining and jewellery manufacturing companies and...