Ministry of Finance
DRI seizes Art and Antiques worth over Rs. 26.8 crore
Posted On:
11 SEP 2023 8:55PM by PIB Ahmedabad
Continuing its resolve to protect global cultural heritage, the Directorate of Revenue Intelligence (DRI) has seized vintage articles, antiques and historical artefacts, estimated to be valued at over Rs. 26.8 crore in the market, from an import consignment.
Acting upon a specific intelligence, DRI identified an import container being imported from Jebel Ali, UAE which was declared before Customs as “Unaccompanied Baggage for Personal Effects”, for detailed examination.
During examination, the container was found to be containing old statues, vintage utensils, paintings, antique furniture, and other valuable heritage goods. Some of the articles date back to the 19th century. Several of these articles were made of precious stones, gold, silver or were having gold/silver coating. Majority of the objects seized are from the European countries, especially the UK and the Netherlands. The consignment was highly undervalued to evade Customs Duty.
Such items have huge demand in the illicit market. The investigation of the case is under progress.
CB/GP/JD
(Release ID: 1956473)
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