scorecardresearch
DRI busts iPhone smuggling racket at Mumbai airport, seizes over 3,600 phones

DRI busts iPhone smuggling racket at Mumbai airport, seizes over 3,600 phones

advertisement
DRI busts iPhone smuggling racket at Mumbai airport, seizes over 3,600 phones DRI busts iPhone smuggling racket at Mumbai airport, seizes over 3,600 phones

MUMBAI: The Directorate of Revenue Intelligence has caught a stockpile of iPhones being smuggled into the country.

After developing precise intelligence, officers of Directorate of Revenue Intelligence (DRI) inspected two consignments on sunday. These consignments had arrived from Hong Kong, at Air Cargo Complex (ACC), Chhatrapati Shivaji International Airport, Mumbai.

The consignments contained 2,245 handsets of iPhone 13 Pro, 1,401 handsets of iPhone 13 Pro Max, 12 handsets of Google Pixel 6 pro and one Apple smartwatch.

The above mentioned mobile phones and apple smart watch, not having been declared, were seized under the Customs Act, 1962. The total value of the seized goods is around Rs. 42.86 crore, while the declared value of the goods was only Rs. 80 lakh.

iPhone 13 models went for sale in India from September 2021 onwards, with a base price of Rs. 70,000, and some of the higher-end models costing up to Rs. 1,80,000. Import of mobile phones into India attracts effective Customs Duty of around 44%.

The detection of attempted smuggling of these high-end phones of latest models in such large numbers shows how quickly the smugglers establish their smuggling networks for the latest products, like iPhone 13. This detection has helped unearth a serious import fraud, reinforcing DRI’s ability to detect and combat unique and sophisticated methods of smuggling, having substantial revenue implications. As the guardians of the nation’s economic frontiers, DRI remains steadfast to combat smuggling.

Edited By: Admin
Published On: Nov 29, 2021