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2 Mum flyers held with Rs 4cr jewellery at airport


MOHALI: An excise team caught two individuals with diamond studded gold jewellery and American diamonds price Rs 4.16 crore on the Chandigarh international airport on Monday.

Neeraj Bakulesh Jhaveri and Rushang Ramesh Mehta got here from Mumbai in an IndiGo flight. As many as 387 pieces of diamond studded gold jewellery and gold price Rs three.85 crore and 8 items of American diamonds price Rs 31,000 have been seized from the 2 personal corporate employees based totally in Mumbai. They claimed they have been wearing the articles to turn it to a leading jeweller within the city, however may not produce any documents.

The division issued a understand to the 2 underneath Section 129 of SGST/CGST Act, said Shalin Walia, assistant excise and taxation commissioner (AETC), cellular wing, Chandigarh. Further investigation is underneath way. The tax and penalty as per provisions of the Act could be imposed later.


Walia said the excise division will whole the case inside of a week and forward it to the department. After a month if the 2 fail to deposit the tremendous and get the jewellery released, the department will begin the complaints to auction the jewellery to recover the tax worth.


This is the third major seizure through the excise team for the reason that implementation of GST Act, through which gold jewellery and precious gems were found to be transported in violation of regulations. On September 19, 2018, two traders have been caught with American diamond studded gold and silver jewellery price Rs 5.95 crore on the airport. Rakesh Meenawala and Dharam Raj Meenawala, each brothers from Mumbai, had arrived from Hyderabad and claimed to be exhibitors. Both have been have been arrested. They had claimed they'd introduced the jewellery for show in exhibition and it released after paying the penalty.


On December 17, 2017, diamond studded gold jewellery price Rs 4.71 crore was once seized from a passenger on IndiGo flight from Hyderabad. Manish Pandi, a Mumbai resident, had failed to produce supporting documents justifying the possession of such huge quantity of bijou. He had claimed he was once to put up the jewellery for exhibition.




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