₹64.2 lakh fine for transporting gold jewellery worth ₹3.3 crore illegally
The Hindu
The consignment belonged to a business in Nagarpete
The GST cell of the Income Tax Department slapped a fine of ₹64.2 lakh on a Bengaluru-based jewellery store after its employees were caught with 6.5 kg of unaccounted gold jewellery worth ₹3.3 crore during a random vehicle check in November 2020. “SS Jewellers, situated in Nagarpete, was getting the jewellery designed in Mumbai and transporting the items illegally through a private courier to avoid paying taxes,” said a senior police official.
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