Customs officials seize gold, memory cards worth Rs 3.49 cr

Image
Press Trust of India New Delhi
Last Updated : Aug 10 2017 | 6:42 PM IST
Gold and memory cards worth Rs 3.49 crore have been seized by customs department officials at the New Courier Terminal (NCT) here.
According to a release by the customs department, two packages, which had come from Hong Kong and Bangkok and claimed to have been carrying Uninterruptible Power Supply (UPS) devices for computers by their senders, were examined yesterday.
Upon opening the first consignment, 36 packets carrying 43,020 pieces of memory cards, concealed with brown tape inside the box of the UPS, were found, it said, adding the market value of the goods, which have been seized, is about Rs 1.72 crore.
In the second package, which was supposed to be carrying four computer UPS, six gold bars (weighing a total of six kg) were found inside it. The gold, valuing about Rs 1.77 crore, has been seized, the release said.
Both the packages were misdeclared and were not carrying UPS but the confiscated goods, it said.
Efforts are on to nab the accused in the case, a senior customs official said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 10 2017 | 6:42 PM IST

Next Story