672 gram gold worth Rs 50 lakh seized at airport

Amritsar, July 20

The Customs Department seized 672 gram of gold worth Rs 50 lakh at Sri Guru Ram Das Jee International Airport last night. The gold was seized from a passenger who arrived from Italy.

According to information, the suspect arrived at the Amritsar airport from Milan, Italy, last night. Officials of the Customs Department said Neos flight number N 0534 landed at the Amritsar airport yesterday night.

They said a passenger’s luggage was checked during routine inspection. The customs staff recovered four gold bangles from his bag. During preliminary investigation, the passenger could not show the complete documentary proofs of the gold bangles.

Officials said the suspect had brought 24 carat raw gold by converting it into four bangles. When bangles were weighed, their weight was found to be 672 gram. Their estimated market value was around Rs 49,92,960. The gold was seized under Section 110 of the Customs Act, 1962. Further investigation was still in progress.