"Last year, between April and July, we had seized 61.46 kg gold, while this year till July we seized 403.52 kg. In that period last year, we had registered 79 cases, while this year 497 cases have been registered till July," Milind Lanjewar, Additional Commissioner of Customs, Airport Intelligence Unit (AIU) of Mumbai Airport, said.
"Increase in the prices of yellow metal is the main reason for the growing smuggling cases. Its demand has not come down and even there was no policy change in the budget," Lanjewar said.
Meanwhile, AIU sleuths today registered three cases of gold smuggling and seized 14.7 kg gold valued at Rs 3.28 crore and four persons were arrested, officials said.
In the first case, two persons - Mohamed Akran and Mohammed Tanweez - were arrested and 2.465 kg of gold worth Rs 64 lakh seized from them. The gold was seized from a domestic passenger Akram who arrived from Goa. The yellow metal was handed over to him by Tanweez, who had come from Dubai.
In the third case the sleuths seized 1,464 grams gold from one Abid Mohammed Kashif, who had arrived from Dubai.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
