Archive · 21 Jul 2026
CBIC Seizes 247 kg Smuggled Gold April-June
The Central Board of Indirect Taxes and Customs (CBIC) in India has seized a lot of smuggled gold and silver in the first three months of this year.
They seized 247.07 kg of gold and 585.48 kg of silver.
The government has increased the import duty on gold and silver to 15% to stop illegal imports.
The CBIC is always watching and taking action against smugglers.
The minister also talked about mango exports to Nepal and Japan.
There are no restrictions on mango exports to Nepal, but there are some issues with exports to Japan that are being fixed.
The minister also mentioned that trade through the Attari-Wagah border with Pakistan is still stopped, but exports from Punjab have grown a lot.
CBIC seized 247.07 kg of smuggled gold and 585.48 kg of smuggled silver during April-June 2026.
Import duty on gold and silver was hiked to 15% to curb non-essential imports.
CBIC maintains vigilance and takes legal action against smugglers.
Mango exports to Nepal are permitted with phytosanitary requirements, while issues with Japan are being resolved.
Merchandise exports from Punjab grew by 20% from 2021-22 to 2025-26.
- Who
- Central Board of Indirect Taxes and Customs (CBIC)
- What
- Seizure of smuggled gold and silver, and updates on mango exports and border trade
- When
- April-June 2026, with historical data from previous years
- Where
- India, with mentions of Nepal and Japan for mango exports and Attari-Wagah border for trade
- Why
- To curb smuggling and protect forex reserves, and to facilitate mango exports and border trade
Government Measures
Smugglers
Import Duty Hike
Government Measures
Government increased import duty to 15% to curb non-essential imports and protect forex reserves.
Smugglers
Smugglers may exploit loopholes to continue illegal trade despite higher duties.
Enforcement Actions
Government Measures
CBIC maintains vigilance and takes legal action against smugglers.
Smugglers
Smugglers adapt tactics to evade detection and continue operations.
- Gold Seized (April-June 2026)
- 247.07 kg
- Silver Seized (April-June 2026)
- 585.48 kg
- Gold Seized (2025-26)
- 646.66 kg
- Silver Seized (2025-26)
- 542.58 kg
- Import Duty on Gold and Silver
- 15%
- Mango Exports to Nepal
- Permitted with phytosanitary requirements
- Mango Exports to Japan
- Issues being resolved for resumption
- Punjab Merchandise Exports Growth
- 20% from 2021-22 to 2025-26