15 kg gold ornaments worth ₹3.5 cr seized by Railway police

September 02, 2017 01:02 am | Updated 01:02 am IST - VIJAYAWADA

In a major haul, the Government Railway Police (GRP) seized gold ornaments weighing about 15 kg, being smuggled in trains in two separate cases. They took three persons into custody.

The police teams led by GRP Dy. Superintendent of Police M. Sathi Babu and CI G. Ratna Raju nabbed KB Gold Jewellers, Nellore, employee Narsi Ram, at the Vijayawada railway station, while he was illegally transporting gold ornaments, worth more than ₹3.5 crore by Tiruchirapalli Express on Friday.

“The accused was transporting the jewellery from Howrah to Nellore, and on a tip-off, police conducted raids and took Narsi Ram into custody along with the ornaments. The owner of the gold showroom, Bharat Jain, will be taken into custody”, GRP Superintendent of Police K.V. Mohan Rao said.

On Thursday, the police raided Kerala Express and took into custody two persons — Nand Kishore Katari and Nitish Katari of Priyanka Jewellers, Nellore. They were smuggling 2.1 kg of gold ornaments, said Mr. Ratna Raju.

“The jewellers procured the gold in black and were evading tax. The accused, along with the seized jewellery, would be handed over to Income Tax Department for further action”, Mr. Mohan Rao told The Hindu .

The accused would be booked under Goods and Services Tax (GST) Act, 2017. “We will inquire about the purchase and sale of jewellery of the two shows, tax payments, verify the records and take action against the bullion merchants”, an Income Tax official said.

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