Sunday, July 21, 2013

NEWS | 2 kg of gold bars seized at Nedumbassery airport

Two gold bars were seized from a man who arrived at Cochin International Airport from Dubai here on Thursday.
Customs officials at Nedumbassery airport intercepted Sameer Kodiyil of Malappuram at the exit gate of the arrival hall when they found his movements suspicious. Customs officials said Sameer had smuggled in the gold bars concealed in carbon paper inside his socks. A communication from the Customs said the bars weighed 2 kg.

Officials said they have increased surveillance at the airport after the duty on gold import was increased recently. “The government has made the rules for import of gold stricter. So the amount of gold entering the market legally has come down. The demand is thus being met through these means,” said a Customs official.


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