Despite India's best efforts to curb illegal gold imports, which included a boost to the nation's customs in 2012, gold smuggling has been rather rampant.
MUMBAI(BullionStreet): Cases of smuggled gold entering India are coming in thick and fast. Almost as fast as gold coins and jewellery pieces are flying off retail shelves.
-- A brother-sister duo who arrived in Hyderabad by an Emirates flight from Dubai, were arrested for trying to smuggle in 8kgs of gold ornaments.
-- Mumbai airport custom officials arrested a Somali national with a Dutch passport, for attempting to smuggle in 5kgs of gold. -- Eighteen kgs of gold were confiscated in Hyderabad and Chennai at their respective airports.
-- Seven people including three Sri Lankans were arrested by Indian Customs officials at the Chennai airport trying to smuggle ...