December 21, 2021 7:06 PM

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Customs and Directorate of Revenue Intelligence seized 7,288 kg gold in less than 3 years: Govt in Parliament

<span style="color: #222222;">Customs field formations and Directorate of Revenue Intelligence have seized 7 thousand 288 kilogram gold in less than three years. In a written reply in the Rajya Sabha today, Minister of State for Finance Pankaj Chaudhary said this.<br />''<br />''Mr. Chaudhary stated that being a clandestine activity, the quantity of gold smuggled into the country cannot be accurately estimated. He added, there is no credible report and study from which any inference on the impact of flourishing unofficial trade on organized bullion and jewelry trade can be made. The minister said, the government makes policy interventions and also takes operational measures to check smuggling.</span><br />''<br />

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