DRI sleuths seizes Areca Nuts worth Rs 3.25 cr at K'patnam port

DRI sleuths seizes Areca Nuts worth Rs 3.25 cr at K'patnam port

Agency News

Hyderabad, May 13 : Officers of Directorate of Revenue Intelligence (DRI), Nellore and Vijayawada have seized 113 Metric Tons of Areca Nuts worth about Rs 3.25 crore at Krishnapatnam Port. Based on specific intelligence relating to illegal import of Areca Nuts into the country, by way of concealment with copra expeller cake (cover cargo), officers of the Directorate of Revenue Intelligence DRI, Nellore and Vijayawada, visited Krishnapatnam Port and verified imports made by two importers in eight containers from May 10 to 12, a DRI statement here said on Wednesday. On detailed examination it was found that the importers declared 156 MT of “Coconut Expeller Cake” for import into the country. However, only 43Mt is mentioned as per the declared Cargo,- - “Coconut Expeller Cake”.

The remaining 113 MTs is actually “Areca Nuts' ' of 90/95 grade of Indonesian Origin on which customs duty evaded works out to 3.25 crore. “Areca Nuts' 'attracts Customs duty of 100 per cent and its value is far higher than Coconut Expeller Cake. When the containers were examined, the first two rows in the containers were loaded with Coconut Expeller Cake and the remaining rows were loaded with Areca nuts. Hence, it appears that the importers are using “Coconut Expeller Cake” as a cover cargo to illegally import “Areca Nuts”.

The masterminds were intercepted in Kerala with help of Cochin Police, CGST officers of Cochin and DRI officers of Cochin. It is noticed that in the past also the said importers have resorted to this kind of modus operandi and smuggled in about 150 MT of Areca nuts. As the Areca nuts have been attempted to be smuggled into India in contravention of provisions of the Customs Act, 1962 the same was seized under Customs Act, 1962. Further investigation is in progress, the statement added. (UNI)