One of the largest seizures was the 14.8 kg of gold that kannada actress Ranya Rao had recovered at Bengaluru's Kempegowda international Airport. Rao was on the verge of passing through airport security when the Directorate of Revenue Intelligence (DRI) uncovered the huge smuggling operation.
Following searches at locations connected to her, the relevant authorities found indian money totaling Rs 2.67 crore and gold jewelry valued at Rs 2.06 crore. After Rao was brought before a court for economic offenses, she was placed under judicial imprisonment for 14 days. Rao, the stepdaughter of senior IPS officer Ramachandra Rao, visited the Saudi city 30 times in the same outfit over the previous year, bringing back kilograms of gold each time. The DGP-rank officer is now the karnataka State police Housing and Infrastructure Development Corporation Ltd.'s chairman and managing director.
The entire incident has startled the country and made it necessary for us to review and educate ourselves on indian customs.
Customs Regulations In India
The indian Customs Act of 1962 sets the rules for customs valuation and controls import and export taxes. The top authority in india for concerns pertaining to excise, customs, and goods and services taxes is the Central Board of Indirect Taxes and Customs.
After being approved by an immigration officer and receiving any baggage from the conveyer belts, each traveler entering india must go through a customs inspection. Customers can use any of the two channels to obtain customs clearance: the Green Channel for those who do not have any restricted or dutiable items, and the red Channel for those who do.
Mandatory Requirements
Passengers must fill out a customs declaration form and select the red Channel if they are carrying prohibited or dutiable goods, or if their duty-free allotment is exceeded. Before boarding, they can also use the ATITHI smartphone app to declare currencies and dutiable goods. If foreign currency notes are worth more than $5,000 USD or if the entire amount of foreign exchange, including currency, exceeds $10,000 USD, a declaration of foreign exchange is necessary. Using the Green Channel while carrying forbidden or dutiable goods puts passengers at risk of seizure, fines, and punishment.
What All Are Allowed To be Brought In
Duty-free allowances are applicable upon arrival from nations other than Nepal, Bhutan, or Myanmar. Both foreigners and indian citizens living in india can contribute: i) Travel souvenirs and used personal belongings, items valued at up to Rs 50,000 that are carried in person or as accompanied baggage, gold or silver (other than ornaments), flat-panel televisions (LCD/LED/Plasma), firearms and ammunition (more than 50 cartridges), more than 100 cigarettes, 25 cigars, or 125 g of tobacco, and alcoholic beverages exceeding 2 liters ii) Foreign-born travelers are permitted to transport up to Rs 15,000 worth of used personal belongings, mementos, and articles as accompanying luggage or on their person. However, on arrival from Nepal, Bhutan, or Myanmar, indian residents, foreigners residing in india, and tourists can bring used personal effects and travel souvenirs and items up to Rs 15,000.
How Much gold Can One Bring
Short trips throughout these six months, however, will be disregarded if the passenger has not taken use of the exemption under this plan at the time of the short visits and the overall length of the visits does not exceed 30 days. These passengers are the only ones permitted to bring gold in their luggage.
Up to 20 grams of jewelry with a value maximum of Rs 50,000 (for a male traveler) or up to 40 grams with a value cap of Rs 1,00,000 (for a female traveler) may be brought duty-free in the valid baggage of an indian who has been living abroad for more than a year. Anyone returning to india after at least six months abroad who has a valid passport or is of indian ancestry.
How Much Cash Can You Get
Foreign exchange from a location outside of india can be brought into india by anyone, without any restrictions. However, in some situations, a currency or foreign exchange statement is necessary. It is forbidden to import indian currency. However, travelers returning after a trip outside who typically stay in india are permitted to bring up to Rs 25,000 in indian currency.
Punishment For Smuggling
Imported commodities that are not declared, misdeclared, or concealed are considered major offenses under the Customs Act and are punishable by seizure, fines, penalties, and potentially legal action. Passengers who attempt to transport restricted, forbidden, or dutiable commodities via the Green Channel or who falsely report their products at the red Channel may likewise face severe penalties under the Act. Additionally, the legislation punishes anyone who tries to export restricted or banned products or aid and abet such offenses.
Under the Customs Act, breaking these rules might have serious repercussions. Depending on the type of items, violators may be liable to severe penalties or the complete seizure of their possessions. Individuals or organizations engaged may also face penalties; in extreme circumstances, arrest and prosecution may ensue. Furthermore, in really serious cases, preventative imprisonment may be used to discourage such unlawful activity.
Following searches at locations connected to her, the relevant authorities found indian money totaling Rs 2.67 crore and gold jewelry valued at Rs 2.06 crore. After Rao was brought before a court for economic offenses, she was placed under judicial imprisonment for 14 days. Rao, the stepdaughter of senior IPS officer Ramachandra Rao, visited the Saudi city 30 times in the same outfit over the previous year, bringing back kilograms of gold each time. The DGP-rank officer is now the karnataka State police Housing and Infrastructure Development Corporation Ltd.'s chairman and managing director.
The entire incident has startled the country and made it necessary for us to review and educate ourselves on indian customs.
Customs Regulations In India
The indian Customs Act of 1962 sets the rules for customs valuation and controls import and export taxes. The top authority in india for concerns pertaining to excise, customs, and goods and services taxes is the Central Board of Indirect Taxes and Customs.
After being approved by an immigration officer and receiving any baggage from the conveyer belts, each traveler entering india must go through a customs inspection. Customers can use any of the two channels to obtain customs clearance: the Green Channel for those who do not have any restricted or dutiable items, and the red Channel for those who do.
Mandatory Requirements
Passengers must fill out a customs declaration form and select the red Channel if they are carrying prohibited or dutiable goods, or if their duty-free allotment is exceeded. Before boarding, they can also use the ATITHI smartphone app to declare currencies and dutiable goods. If foreign currency notes are worth more than $5,000 USD or if the entire amount of foreign exchange, including currency, exceeds $10,000 USD, a declaration of foreign exchange is necessary. Using the Green Channel while carrying forbidden or dutiable goods puts passengers at risk of seizure, fines, and punishment.
What All Are Allowed To be Brought In
Duty-free allowances are applicable upon arrival from nations other than Nepal, Bhutan, or Myanmar. Both foreigners and indian citizens living in india can contribute: i) Travel souvenirs and used personal belongings, items valued at up to Rs 50,000 that are carried in person or as accompanied baggage, gold or silver (other than ornaments), flat-panel televisions (LCD/LED/Plasma), firearms and ammunition (more than 50 cartridges), more than 100 cigarettes, 25 cigars, or 125 g of tobacco, and alcoholic beverages exceeding 2 liters ii) Foreign-born travelers are permitted to transport up to Rs 15,000 worth of used personal belongings, mementos, and articles as accompanying luggage or on their person. However, on arrival from Nepal, Bhutan, or Myanmar, indian residents, foreigners residing in india, and tourists can bring used personal effects and travel souvenirs and items up to Rs 15,000.
How Much gold Can One Bring
Short trips throughout these six months, however, will be disregarded if the passenger has not taken use of the exemption under this plan at the time of the short visits and the overall length of the visits does not exceed 30 days. These passengers are the only ones permitted to bring gold in their luggage.
Up to 20 grams of jewelry with a value maximum of Rs 50,000 (for a male traveler) or up to 40 grams with a value cap of Rs 1,00,000 (for a female traveler) may be brought duty-free in the valid baggage of an indian who has been living abroad for more than a year. Anyone returning to india after at least six months abroad who has a valid passport or is of indian ancestry.
How Much Cash Can You Get
Foreign exchange from a location outside of india can be brought into india by anyone, without any restrictions. However, in some situations, a currency or foreign exchange statement is necessary. It is forbidden to import indian currency. However, travelers returning after a trip outside who typically stay in india are permitted to bring up to Rs 25,000 in indian currency.
Punishment For Smuggling
Imported commodities that are not declared, misdeclared, or concealed are considered major offenses under the Customs Act and are punishable by seizure, fines, penalties, and potentially legal action. Passengers who attempt to transport restricted, forbidden, or dutiable commodities via the Green Channel or who falsely report their products at the red Channel may likewise face severe penalties under the Act. Additionally, the legislation punishes anyone who tries to export restricted or banned products or aid and abet such offenses.
Under the Customs Act, breaking these rules might have serious repercussions. Depending on the type of items, violators may be liable to severe penalties or the complete seizure of their possessions. Individuals or organizations engaged may also face penalties; in extreme circumstances, arrest and prosecution may ensue. Furthermore, in really serious cases, preventative imprisonment may be used to discourage such unlawful activity.
click and follow Indiaherald WhatsApp channel