Four Held for Their Alleged Involvement in Smuggling Luxurious Watches: Customs
New Delhi, Sep 27 (PTI) Four people have been arrested by the customs officials for their alleged involvement in smuggling luxurious watches worth nearly Rs 3 crore, according to an official statement issued on Sunday.
“Delhi airport customs on the basis of suspicion intercepted two Indian passengers on 24.09.20 coming from Dubai via flight UK 224 having four (04) high-end luxurious watches valued at Rs 51.55 lakh, with an intention to smuggle them,” it said.
The passengers admitted smuggling luxurious watches valued at Rs 1.4 crore during their previous visits also, the statement said.
Further, on the basis of information provided by the passengers, a search was conducted at the registered place of business of a company dealing in luxurious foreign branded watches and 29 unaccounted watches of Chopard brand valued at Rs 2.3 crore were seized, it said.
The two directors of the company in their respective statements accepted of having purchased smuggled watches valued at Rs 2.5 crore (approx) in cash from the said two passengers in the past also, the statement said.
Related Posts
As duties make cigarettes expensive, foreign brands like Luvin Fresh surreptitiously enter the market
NEW DELHI: GudangGaram, Djarum Black, Luvin Fresh or A Mild might induce a haze...
Hazards of high taxes on tobacco
he wise minister of a Mauryan king had advised that since all undertakings depend...
Coventry smokers who buy illegal tobacco helping to sustain criminal gangs
Coventry smokers who buy illegal tobacco products are helping to sustain criminal...
Tripura BSF seize consignment of items worth over Rs 28 lakh along Indo-Bangladesh border
The Border Security Force (BSF) in Tripura, in separate operations, seized a...