Diamonds, jewellery worth Rs 4.16 crore seized at airport

Diamonds, jewellery worth Rs 4.16 crore seized at airport

Sleuths of the Excise and Taxation Department, Punjab, along with the Mohali police, seized diamond-studded gold jewellery items and cut and polished diamonds, worth Rs 4.16 crore, from two Mumbai-based passengers at the Chandigarh international airport here today.

The passengers, identified as Neeraj Bakulesh Jhaveri and Rushang Ramesh Mehta, were travelling on the Mumbai-Chandigarh flight, which landed here this morning.

Shalin Walia, Assistant Commissioner of State Tax, Mobile Wing, Chandigarh, said the suspects were intercepted on a tip-off. “They were carrying the jewellery items and diamonds without documents, required to enter the Punjab area,” said Walia.

He said both persons belonged to Mumbai-based Rosy Blue (India) Private Limited. “They told us that they brought the jewellery items here to show these to a local jeweller, but failed to produce the required documents,” said the official.

While the Excise Department has issued a notice under Section 129 of the SGST/CGST Act, the Mohali police have registered a DDR against the duo at the Airport police station. Inspector HS Bal, SHO of the Airport police station, confirmed that a DDR had been registered and further investigations were on.

Walia said the department would impose a penalty and tax on the total value of the confiscated items. “There will be 3 per cent penalty and 3 per cent tax on the total value of the items. We will also summon the government-approved evaluator tomorrow to ascertain the exact value of the jewellery items,” said the official.

 

[“source=tribuneindia”]