Customs at Mumbai airport seize diamonds and gold worth Rs 6.46 crore, concealed ingeniously in passengers' belongings. Four individuals ar...

Indian and Hong Kong customs collaborated to dismantle a money-laundering network exploiting synthetic diamond imports. Indian traders misr...

India's first International Bullion Exchange (IIBX) was launched in the GIFT city (Gujarat International Finance Tec-City) in July 2022 to ...

A bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of...

Dept feels traders are siphoning off money through overseas offices by sending spurious rough diamonds.

The fear is that even a minute discrepancy in the norms may lead to seizure, followed by a huge penalty.

Public prosecutor Nayan Sukhadwala said that a case for alleged customs duty evasion has been registered against Nirav Modi by the central ...

The racket was unearthed after the DRI recently conducted raids at the BDB at Bandra Kurla Complex (BKC) here following a tip off and inter...

According to regulations, the customs department gets a fair value of imports and exports through scrutiny conducted by a special valuation...

"This means that creditors generally may not take action to collect debts from the debtor or the debtor's property," the bankruptcy court s...

Mumbai GST Commissioner, KN Raghavan, confirmed that the parcels, which came in from Gujarat, were seized as they may have been sourced and...

Rare Carat introduced the world's first AI chatbot that helps customers through the purchase of a diamond.

It's a suspicion that has deepened over the years, sparking a highstake battle over hundreds of millions of dollars in the secretive world ...

After successfully clamping down on gold imports to bring the runaway current account deficit under control, the government has set its sig...

The customs department had imposed duty and fine in 2000 against Shah and Mehta’s partnership firm BV Jewels.

Bharat Shah is a noted Bollywood film financier who produced films like 'Devdas' 'Dil Se' and 'Rascals' among others.

The Income Tax department has alerted its air intelligence units at all airports in the country after it detected unaccounted wealth of Rs ...