DRI arrests man over alleged attempt to smuggle diamonds worth Rs 10 crore
The Directorate of Revenue Intelligence has taken decisive action by arresting Ashishkumar Maniya, who attempted to export diamonds exceeding Rs 10 crore in value. In another case, two directors of Dotsmark Systems India Ltd were apprehended for evading anti-dumping duties, having misclassified the origin of industrial laser machines imported from China by…
- Why it matters
- Illegal diamond exports bypass tax collection and regulation of high-value goods; this arrest demonstrates enforcement action against such attempts.
- Most affected
- Diamond exporters and importers — Heightened risk of enforcement action for undeclared or misclassified shipments.
- Likely next
- Whether additional arrests follow or the investigation uncovers a broader smuggling network.