Directorate Of Revenue Intelligence

The Directorate of Revenue Intelligence (DRI) has seized diamond capsule fragments worth Rs 2.6 crore from two passengers at the Mangaluru International Airport (MIA), official sources said on Monday. The DRI sleuths, with the help of CISF personnel at the airport, confiscated the diamonds from two passengers, Anas and Amar from Bhatkal, as they were about to fly to Dubai on Saturday, DRI sources said. Acting on a tip-off, the DRI sleuths found two packets of diamond capsules hidden in the shoes of one of the passengers during an intensive physical check at the immigration counter. The CISF personnel handed over the two passengers to DRI officials for further investigation, the sources added.

The government agency has also issued a show cause notice to PricewaterhouseCooper and a director was also questioned during the probe

The Directorate of Revenue Intelligence (DRI) on Monday said it has busted two clandestine drug manufacturing labs here and seized around 25 kg of mephedrone worth around Rs 50 crore. The agency, in a release, said it neutralised the entire network by arresting seven persons besides the mastermind and financier. Acting on the basis of specific intelligence inputs, DRI began a well-coordinated operation on December 21, and busted the two clandestine labs, it said. A total of 24.885 kg of mephedrone in finished form, valued at Rs 49.77 crore in the grey market, along with in-process materials, sale proceeds of Rs 18.90 lakh, key raw materials, machinery and vehicles used for trafficking, was seized during raids on the two labs, it said. Seven persons carrying out the manufacturing in these two locations were arrested and remanded to judicial custody. The DRI further said the mastermind and main financier of this activity was caught hold in Gorakhpur (Uttar Pradesh), as he was attemp

The smartphones are being held up at the New Delhi airport by India's revenue intelligence unit over an alleged mis-declaration of the device models and their value

High-value drugs like cocaine, methamphetamine and heroin have witnessed record seizures by revenue intelligence officers in the last fiscal, according to a report by the Directorate Revenue Intelligence. Signalling a disturbing trend, the figures revealed that the seizure of highly addictive party drug cocaine has shot up 36-fold to 310 kg in 2021-22 from 8.7 kg in 2020-21 and just 1.1 kg in 2019-20. Another high-value party drug methamphetamine saw a 14-fold increase in seizures by DRI officers at 884.69 kg in 2021-22, up from 64.39 kg in 2020-21. Besides, 3,410.71 kg of heroin, a highly addictive opioid drug, was seized in 2021-22, up 17-fold from the previous fiscal. Of this, 2,988 kg was seized at Mundra port in 2021-22. In 2020-21 and 2019-20, 202 kg and 143 kg of heroin were seized by the DRI officers across the country. According to the DRI report, two key trends have been observed in drug smuggling in recent times. These are the trafficking of heroin via trade routes, ...

The remarks came against the backdrop of a substantial quantity of gold seized between April last year and March this year

The highest amount of gold seized was of Myanmar origin, marking a significant shift from 2019-20, when the majority of it was from West Asia

Finance Minister Nirmala Sitharaman will on Monday address Revenue Intelligence officers at the DRI foundation day event in the national capital. The Directorate of Revenue Intelligence (DRI) is celebrating its 65th Founding Day on December 5-6 this year, a finance ministry statement said on Sunday. A meeting of the 'Regional Customs Enforcement Meeting (RCEM)' for effectively engaging with partner Customs organisations and international agencies like World Customs Organisation (WCO), Interpol for enforcement related issues would also be organised during the event. This year, 22 Customs administrations covering the Asia-Pacific region along with WCO, Interpol, UN Office on Drugs and Crime (UNODC) and Regional Intelligence Liaison Office Asia Pacific (RILO AP) have been invited to the event. Sitharaman will inaugurate the 2-day event along with Union Minister of State for Finance Pankaj Chaudhary, the statement said. The 'Smuggling in India Report 2021-22' would be released by ...

The Directorate of Revenue Intelligence (DRI) has seized 86.5 kg of high-quality US-origin hydroponic weed valued at Rs 39.5 crore and arrested two persons in this connection from Mumbai, an official said on Tuesday. The DRI's Mumbai zonal unit intercepted two US-origin consignments at Courier Terminal in the Air Cargo Complex. An examination resulted in the seizure of 86.5 kg of hydroponic weed (ganja) from the consignments, he said. The consignments were mis-declared as 'Outdoor Concrete Firepit' and were destined for Bhiwandi town in adjoining Thane district, the official said. The seizure was a result of multi- agency coordination with stakeholders and further investigation and follow-up searches were carried out at the addresses of a warehouse and office premises linked to the importer, he said. These searches resulted in the crackdown on drug cartel and led to the arrest of two persons from Mumbai, the official said. The seized high-quality hydroponic weed is valued at Rs

The Directorate of Revenue Intelligence (DRI) arrested a person with drugs at Mumbai International Airport and recovered 16 kg of high-quality heroin drugs, said DRI on Wednesday

The recent gold seizures in the North East by the Directorate of Revenue Intelligence (DRI) indicate a spurt in the smuggling of gold through the NE borders of Bangladesh and Myanmar

The Directorate of Revenue Intelligence (DRI) has unearthed an international smuggling racket of drugs in a multi-agency coordinated operation across three states.Based on intelligence input, officers of DRI, Mumbai seized 3.5 Kg of hydroponic weed from a US-origin postal consignment fabricated as 'food items' at the Foreign Post Office, Mumbai. The said consignment was consigned to Hyderabad, Telangana.DRI investigation revealed that the cartel operated from different states and the consignment was to be exchanged in Delhi instead of sending to Hyderabad at the consignee address.Surveillance was kept and two persons including the mastermind of the cartel were arrested in Hyderabad, said DRI.Further investigation revealed the use of dark web in placing orders from the US and the use of cryptocurrency in making payments for the same.The agency said a total of 5.3 Kg of ganja (hydroponic weed) having a value of Rs 2.36 crores in the illicit market has been recovered and seized in this ..

The Directorate of Revenue Intelligence (DRI) recovered 10.23 MT of red sandalwood, estimated at Rs 6 crore in the international market, from an export consignment that was destined for Singapore

Hero Electric reportedly ordered fully assembled vehicles into the country but later disintegrated them and sent them to different ports across the country to evade tax

'DRI officers recovered incriminating evidence indicating wilful mis-declaration in the description of certain items imported by M/s Vivo India,' says Ministry of Finance

During the investigation, searches were conducted by DRI at the office premises of Oppo India and residences of its key management employees

Oppo India, the Indian subsidiary of a Chinese firm, deals in various brands of mobile phones, including Oppo, OnePlus and Realme

The experience of the taxpayers is that many officers do not follow the CBIC instructions in tax collection or enforcement matters and do subject the taxpayers to unnecessary harassment

The officers of the Directorate of Revenue Intelligence (DRI) intercepted four passengers for bringing 2.2 kg gold in concealment from Sharjah to Tamil Nadu's Coimbatore

The law is quite clear that SWS is to be calculated at the rate of 10 per cent on the BCD levied and collected