Premium
This is an archive article published on February 28, 2024

Mundra: Areca nuts worth Rs 1.5 cr seized

The consignment goods were misrepresented, and an investigation is ongoing to identify other accused in the matter, officials added.

Mundra Customs Department, areca nuts, areca nuts seized, Special Intelligence & Investigation Branch (SIIB), Ahmedabad news, Gujarat news, India news, Indian express, Indian express India news, Indian express IndiaAs per a release, the areca nut imports attract a high tariff value and duty structure, reaching up to 110 per cent. Unscrupulous importers often resort to false declarations to circumvent these levies, it added.

The Special Intelligence & Investigation Branch (SIIB) at Mundra Customs Department seized 27.81 metric tonnes of areca nuts, valued at approximately Rs. 1.5 crore, as it examined an imported consignment, officials said on Tuesday.

The consignment goods were misrepresented, and an investigation is ongoing to identify other accused in the matter, officials added. As per a release, the areca nut imports attract a high tariff value and duty structure, reaching up to 110 per cent. Unscrupulous importers often resort to false declarations to circumvent these levies, it added.

During this financial year, persistent efforts to stop illicit imports resulted in the seizure of areca nut consignments to the extent of 172.39 MTs having a tariff value of Rs.10.38 crore, the release added. In addition, during the current financial year, there has been a recovery worth Rs 15 crore in crackdown on commercial frauds detected at Mundra.

Stay updated with the latest - Click here to follow us on Instagram

Latest Comment
Post Comment
Read Comments
Advertisement
Loading Taboola...
Advertisement