Anti evasion wing of Mumbai Central GST busts major illegal gold movement channel

“The customs and GST officials have raised their drive to curb evasion of import duty or of the GST,” said a government official speaking on anonymity. India imports 700-800 tonnes of gold on average each year. After the UPA government raised the duty in stages from 2% to 10% in 2013 to check a ballooning current account deficit, smuggling reared its head.

First published here: Anti evasion wing of Mumbai Central GST busts major illegal gold movement channel