The case of Kannada actress Ranya Rao has become one of the big cases of gold smuggling in India. This case explains how smugglers do illegal business by violating custom rules. The case has come into the limelight after the recovery of 14.8 kg of gold from Kannada actress Ranya Rao at Kamphegowda International Airport in Bengaluru. It is considered one of the biggest gold smuggling ever. The Revenue Intelligence Directorate (DRI) busted the gang, when the bus was one step away from Ranya Airport Security check. Know here what the custom rules can bring gold and cash while coming from foreign countries.
Jewelry worth Rs 2.06 crore and Rs 2.67 crore cash recovered
Investigation agencies recovered gold jewelry worth Rs 2.06 crore and Rs 2.67 crore cash during raids on locations associated with Ranya Rao. He was then produced in the Economic Offenses Court, from where he was sent to judicial custody for 14 days.
Every time Ranya used to bring gold wearing the same clothes
Investigation revealed that Ranya Rao went to Saudi Arabia 30 times in the last one year and returned every time wearing the same clothes. Every time she came to India with gold according to kilo. Surprisingly, she is the step daughter of senior IPS officer Ramchandra Rao. Ramchandra Rao is posted as Chairman and Managing Director of Karnataka State Police Housing Development Corporation Limited.
What do custom rules say in India?
The 1962 Customs Act in India controls imports and export duty. The Central Indirect Taxes and Border Duty Board (CBIC) oversee the entire system. Passengers coming to India have to undergo a custom investigation after immigration investigation. There are two channels for this.
Green Channel: Passengers who do not have any duty or restricted item.
Red Channel: Those who have dutyable or restricted items.
If a passenger tries to bring illegal goods by hiding from the green channel, then they may face heavy fines, punishment and seizure of goods.
How much gold can be brought?
Indian passengers living abroad for a year can bring 20 grams of gold (up to a maximum of Rs 50,000) for men and 40 grams (up to Rs 1,00,000) for women without any duty. Indian passengers living abroad at least 6 months can also bring gold with certain conditions. Apart from this, no other passenger can bring gold in his bag.
How much cash can you bring?
There is no restriction on bringing foreign currency, but if the cash currency is more than US $ 5,000 or the total foreign currency is more than US $ 10,000, it is necessary to announce. There is a ban on bringing Indian currency money, but Indians returning from abroad can bring a maximum of Rs 25,000.
Strict action on smuggling
Under the Customs Act, giving incorrect information, bringing goods by hiding or making incorrect declaration is a serious offense. In such cases, goods can be confiscated. There may be heavy fines and punishment. Arrest and trial can also be conducted in serious cases. The accused can also be under house arrest in serious cases.
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