Smuggling in India Report 2019-20

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News: Union Finance Minister released the Smuggling in India Report 2019-20.

Facts:

  • Prepared by: The report has been compiled by the Directorate of Revenue Intelligence (DRI).
  • Aim: To analyse organised smuggling trends on Gold and Foreign Currency, Narcotic Drugs, Security, Environment and Commercial Frauds.

Key Takeaways:

  • The Directorate of Revenue Intelligence detected 412 cases of smuggling resulting in the seizure worth ₹1,949 crore in 2019-20. It arrested 837 economic offenders and also unearthed 761 complex cases of Customs duty evasion amounting to ₹2,183 crore.

Additional Facts:

  • Directorate of Revenue Intelligence(DRI): It is the apex anti-smuggling agency of India working under the Central Board of Indirect Taxes & Customs, Ministry of Finance, Government of India
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