Customs

  • CBI raids officials of Customs and Central Excise Department August 9, 2014

    Mumbai: The Central Bureau of Investigation on Friday registered three cases under the Prevention of Corruption Act against officials of the Customs and Central Excise department as well as Ispat India Ltd. "Allegedly, customs officials favoured Ispat and in return received bribes between 2006 and 2010. The fact came to light...
  • Doubts surface about Modi in global trade community after deal is scuppered August 2, 2014

    New Delhi: Prime Minister Narendra Modi came to office with a reputation as a business-friendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Now potential investors, some of them foreign firms hoping to exploit new opportunities in India's...
  • India blocks WTO deal on customs rules as deadline nears July 25, 2014

    Geneva: India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically. At a meeting in Geneva, diplomats from the 160 WTO member countries were supposed to rubber stamp a deal on "trade...
  • Kerala: Gold rods, sheets seized from air passenger June 19, 2014

    Kochi: Nearly 700 grams of gold allegedly smuggled in different forms were seized by customs personnel from a passenger who arrived at the airport from Sharjah on Thursday. The passenger had kept concealed two six-inches long gold rods and four gold sheets, totally weighing 699.5 grams and valued at about Rs...
  • Gold worth Rs 24 lakh seized from passenger May 30, 2014

    Chennai: Gold valuing Rs 24 lakh was seized today from a passenger who arrived at the airport here from Dubai, airport sources said. Officials of Air Intelligence Unit of Customs recovered silver-coated gold rings weighing 770 gm from Muhamad Musammil Basha, a native of Tiruchirappally, they said. He was found carrying them...
  • Gold worth Rs 25 lakh hidden in man's rectum recovered May 28, 2014

    Kozhikode: Eight hundred grams of gold, worth Rs 25 lakh, concealed in the rectum of a male passenger who arrived here from Dubai, was recovered today by Customs officials at the International Airport here. The man, identified as Asharf from Malappuram, arrived here from Dubai by an Air India flight and...
  • Polish politician drank two bottles of wine on a flight and drunkenly shouted 'Heil Hitler!' at a German customs officer March 1, 2014

    A senior politician with Poland's ruling party accused of drunkenly shouting 'Heil Hitler!' at a German customs officer apologized on Friday and stepped down as head of his party's group in the European parliament. Jacek Protasiewicz, by his own account, drank two bottles of wine on a flight from Warsaw to...
  • Bangalore: 54 kg gold seized, largest haul since curbs on metal import March 2, 2014

    Bangalore: Three men were caught in Bangalore on Tuesday after 54 kilograms of illegal gold was seized from them. It's the single largest haul of illegal gold since curbs were imposed on gold import by the Centre to help prop up the falling rupee. "We also came to know that...
  • New customs form for passengers coming to India from tomorrow December 31, 2013

    All passengers coming to India will have to fill in a new detailed customs form on their arrival from Wednesday. It will help authorities check duty frauds and cases of under-valuation as well keep a record of gold jewellery and bullion being brought into the country. Also from January 1, Indian...
  • Three from Singapore held for gold smuggling at Hyderabad airport December 20, 2013

    In the biggest ever catch at Hyderabad airport, customs officials on Friday seized 18 kg of gold and arrested three people. Three passengers from Singapore were arrested on arrival at the Rajiv Gandhi International Airport at Hyderabad, and six kg gold was seized from each of them, said the official. The gold...
  • 11 Chinese detained at Kolkata airport for illegally carrying sandalwood December 5, 2013

    Kolkata:Eleven Chinese nationals have been held at Kolkata airport on Thursday for illegally carrying 270 kg of sandalwood. The Chinese nationals were detained at the NSC Bose International Airport with the cargo worth about Rs 2.7 lakh. But customs officials say the price of sandalwood is many times over in China. All...
  • Twitter introduces Custom Timelines, lets you create timelines with tweets of your choice November 13, 2013

    New Delhi: Twitter introduced a new feature, Custom timelines, which lets you create custom timelines of tweets. Users can control custom timelines by selecting the tweets they want to include. "This means that when the conversation around an event or topic takes off on Twitter, you have the opportunity to...
  • RBI asks banks to charge for SMS alerts on usage basis October 29, 2013

    The RBI on Tuesday asked banks to charge customers for transaction SMS alerts on the basis of usage, instead of imposing a fixed fee, to ensure equity and be reasonable. "Banks are advised to leverage the technology available with them and the telecom service providers to ensure that such (SMS) charges...
  • Blackberry to shift focus from consumer market to enterprise customers September 23, 2013

    Toronto: BlackBerry Ltd's plan to retreat from the consumer market in favor of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn will only accelerate its downward spiral. The strategic shift and dramatic restructuring are fuelling fears about BlackBerry's long-term viability. The...
  • 12 kg gold seized from two Sri Lankans at Goa airport September 18, 2013

    Customs officials in Goa seized 12 kilograms of gold bars from two Sri Lankans on Wednesday, a customs official said. The value of the gold seized is Rs 3.60 crore in the international market, and it is the biggest haul of gold seized in Goa in recent times, the official said. The...
  • United Airlines to honour free tickets it accidentally gave away to lucky customers September 14, 2013

    United Airlines has said that it will honour the tickets it accidentally gave away for free. The decision is good news for people who snapped up the tickets on Friday after United listed airfares at USD 0. Many customers got tickets for USD 5 or USD 10, paying only the cost...
  • BMW India launches initiative for road-side assistance August 19, 2013

    Auto major BMW India on Monday launched a new initiative for providing a better road-side assistance to its customers across the country. The new initiative, 'BMW Secure Assistance', with a fleet of 17 BMW X3 Customer Service Vehicles (CSV), would allow BMW dealerships to provide professional road-side assistance to customers. "By supporting...
  • Rajasthan BSNL offers free data roaming for 3G prepaid customers August 18, 2013

    Jaipur: Rajasthan BSNL has announced a "free data roaming" for its 3G pre-paid customers anywhere in the country besides reduction in such tariff plans. The charges for 1GB data download has been reduced from Rs 250 to Rs 139 to prepaid customers from Independence Day, BSNL GM (Marketing) Rajasthan...
  • Ahmedabad airport ranks first in terms of customer satisfaction: Survey August 16, 2013

    Ahmedabad: Sardar Vallabhbhai Patel International Airport (SVPIA) in Ahmedabad ranks first in terms of customer satisfaction, as per a survey. "In a recently conducted survey by the Airport Council International, SVPIA stood first amongst the 11 AAI airports, with a satisfaction index of 4.13 on the scale of 5," SVPI...
  • Gold to become costlier by Rs 600 after duty hike August 13, 2013

    Gold will become costlier by about Rs 600 per 10 grams following government's decision to hike customs duty on the precious metal, according to jewellers and bullion traders. Gold price is ruling at Rs 29,825 per 10 gram in the national capital. Opposing the move, industry said the hike in import...
  • Three Indians among Britain's most-wanted list August 9, 2013

    London: Three of Britain's 30 most-wanted fraudsters and tax evaders are of Indian-origin who have cost commoners nearly 10 million pounds. HM Revenue and Customs (HMRC) published an updated gallery , 2013 Most Wanted, which includes Sumir Soni, Anish Anand and Sahil Jain. All three are in their thirties and...
  • Vodafone ordered to pay compensation of Rs 10,000 to a customer August 7, 2013

    The Thane District Consumer Redressal Forum (TDCRF) in Thane ruled that Vodafone was deficient in providing services to one of its customers and ordered the company to pay him a cash compensation of Rs 10,000. TDCRF president Umesh Jawalikar and member ND Kadam stated in their order that the company...
  • Delhi: Metro rated as most the comfortable public transport July 28, 2013

    New Delhi: Passengers in a survey have said that the Delhi Metro was the most comfortable mode of commuting in the city. The survey covered more than 85,000 respondents during the 'Customer Satisfaction Week' from July 15 to 21 and again on July 26, at the top 22 Metro stations...
  • RBI penalises 22 banks for violating KYC norms July 15, 2013

    New Delhi: The Reserve Bank of India on Monday penalised 22 banks for violating Know Your Customer norms and imposed penalties ranging from Rs 50 lakh to Rs 3 crore. The RBI has absolved them of money laundering charge saying there is no prima facie evidence against them. The RBI has...
  • Youth's 'horrid experience' at a Gurgaon restaurant goes viral October 3, 2013

    New Delhi: Gurgaon-based restaurant Lemp BrewPub & Kitchen became the buzz word on the Internet after a blogpost lashed out at it mercilessly for poor service and false claims. In a blogpost 'How a lunch at Lemp Brewpub Gurgaon turned out to be the most horrid experience ever', a youth...
  • Delhi: Gold worth over Rs 70 lakh seized at IGI June 10, 2013

    New Delhi: Gold worth at least Rs 70 lakh was seized by customs officials in three separate incidents at Indira Gandhi International Airport here and two persons were arrested in this connection. Customs officials said they found gold bars weighing 448 gms outside a washroom at the airport, which may...
  • Over 30 banks flouting prescribed guidelines: RBI audit report May 30, 2013

    Mumbai: India's banking system is not as strong as expected. An RBI report shows that over 30 banks have failed to follow or enforce various prescribed rules and guidelines. CNBC-TV18 has accessed the report of the audits instigated by the RBI after the Cobrapost expose, which shows that 30 banks,...
  • Money laundering: NABARD gives clean chit to cooperative banks May 19, 2013

    Mumbai: Amid allegations of cooperative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity. "Every year we do an inspection and we have not found anything like that," National Bank for Agriculture...
  • Will tweak KYC norms if required: RBI Dy Gov Chakrabarty April 23, 2013

    Mumbai: RBI Deputy Governor KC Chakrabarty on Tuesday said the central bank may introduce some corrective measures in KYC norms as an when necessary to check any "transaction-level aberrations" in the functioning of banks. "System is good, there is no problem. There are... (at the) transactional level, some aberration will always...
  • Government slashes tariff value of gold, silver April 16, 2013

    New Delhi: The government on Tuesday slashed the tariff value of gold and silver to USD 499 per 10 grams and USD 890 per kg, respectively, taking into account weak global prices of the precious metals. Tariff value is the base price on which the customs duty is determined to prevent...