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Delhi customs officials found $55,000 worth of gold on the seat of a plane from Abu Dhabi.
The 938 grams of gold paste hidden in the pipes of the seats was discovered during an inspection by authorities at Indira Gandhi International Airport.
“Air Customs @IGI Airport searched a plane that took off from Abu Dhabi earlier and found mushy gold hidden in seat ducts,” Delhi Customs tweeted on Monday.
“938.25 grams of pure gold valued at Rs. 4.333 lakh was extracted and seized. Further investigation is ongoing.”
This is the latest recovery from customs officers at airports in India Regular seizures of smuggled gold Passengers from the Gulf enter the country.
Officials did not reveal any details about the flight or passengers.
Passengers are often caught trying to smuggle gold into the country to avoid paying import duties, but officials are on their toes to uncover their growing ingenuity.
In previous attempts, passengers hid gold in clothing, appliances, luggage linings, dentures and Even under a wig.
Golden Tax Explained
The route from Dubai to India is popular with smugglers trying to avoid paying duties on the gold they import.
India charges a 10.75% fee for gold entering the country.
Men can carry up to 20 grams of gold, while female passengers can bring 40 grams duty-free.
Travellers who want to bring more gold into India must declare and pay import duties upon arrival at border control.
Apart from customs fees, the Indian government also levies GST on the manufacture and services of gold.
Anyone who buys gold has to pay sale taxand charges, which added a further 8% to the total cost.
There is no limit to the amount of gold a person can export from the UAE, and there are no taxes to pay when you leave the country.
Gold smuggling in India – picture
Updated: July 5, 2022 at 9:30 am
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