homebusiness NewsDRI busts iPhone 13 smuggling racket, seizes handsets worth around Rs 43 crore

DRI busts iPhone 13 smuggling racket, seizes handsets worth around Rs 43 crore

Directorate of Revenue Intelligence, the apex anti-smuggling investigation agency, busted two consignments that arrived as ‘memory chips’ to evade customs duty. On physical inspection of the consignments, the DRI found 1,401 handsets of iPhone 13 Pro Max, 2,245 handsets of iPhone 13 Pro, 12 handsets of Google Pixel 6 pro and one Apple Smart Watch.

By CNBCTV18.com Nov 29, 2021 4:47:54 PM IST (Published)


The Directorate of Revenue Intelligence (DRI) busted an Apple iPhone smuggling racket and seized over 3,600 handsets of iPhones 13 worth of Rs 43 crore, suspected to be arriving from Hong Kong. The DRI seized the consignment at the Air Cargo Complex (ACC) at the international airport in Mumbai.

According to the country’s apex anti-smuggling investigation agency, two consignments arrived as ‘memory chips’ to evade customs duty. On physical inspection of the consignments, the DRI found 1,401 handsets of iPhone 13 Pro Max, 2,245 handsets of iPhone 13 Pro, 12 handsets of Google Pixel 6 pro and one Apple Smart Watch. The combined value of the seized goods was Rs 42.86 crore, but only goods worth Rs 80 lakh were declared.

The Apple smartwatch and the mobile phones were not declared under the Customs Act as imported goods. Mobile phone imports attract a customs duty of around 44 percent in India.