TMI BlogGovernment conducts raids against Illegal import and Sale of Chinese Fire Crackers at godowns in Mumbai, Bangalore, Chennai, Trichy, Vijawada, Madurai, Ludhiana etc.X X X X Extracts X X X X X X X X Extracts X X X X ..... Government conducts raids against Illegal import and Sale of Chinese Fire Crackers at godowns in Mumbai, Bangalore, Chennai, Trichy, Vijawada, Madurai, Ludhiana etc. - News and Press Release Dated:- 30-10-2015 - News - In pursuance of specific intelligence regarding large scale smuggling of sub-standard, poor quality Chinese make firecrackers by way of concealment and mis-declaration, strict sur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... veillance was maintained in the local markets. Import of fire crackers in India is restricted in terms of Foreign Trade Policy by Ministry of Commerce. Import of firecrackers is allowed against a license issued by the Ministry of Commerce. The Ministry of Commerce has not issued any license in this regard, so far to any importer. Besides harming the domestic industry, fireworks of foreign origin a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re hazardous in nature and jeopardize public safety and health. Accordingly, in a country wide operation undertaken on 28.10.2015 to detect and seize the offending goods, the officers of Directorate of Revenue Intelligence raided more than 100 godowns and retail outlets in Mumbai, Bangalore, Chennai, Trichy, Vijawada, Madurai, Ludhiana etc. During the course of operation, various types of Chine ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... se make firecrackers have been recovered having total value of more than ₹ 2 Crore. The recovered Chinese make firecrackers have been seized under the provisions of the Customs Act, 1962 . Further investigations are in progress. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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