Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Exposed! Gold smuggled by mixing with sand

byadmin
18/04/2019
in Uncategorized
Share on FacebookShare on Twitter

COLOMBO: In August 2018, News 1st exposed a scam where sand mixed with gold was being smuggled out of Sri Lanka. The details revealed by News 1st in the August report have now been confirmed in a special audit report.

The original report – August 4, 2018: News 1st reported that that gold mixed by-products disposed of by three jewellery manufacturers were due to be smuggled out of the country in the guise of exporting sand. We also said that a number of containers with such gold mixed sand were seized by customs officials.

You might also like

ICCI, TDAP organize training session on Preferential Trade Access Database

13/11/2026

JazzCash refunds illegally cut money to customers

13/11/2026

Now the special audit report on the matter has been made public. According to the report, 51 containers with gold mixed sand were smuggled overseas through the Customs.

Twenty-three containers were seized in 2017, 19 of them are still in the custody of the Customs.

According to the Special Audit report, the quantity of gold being smuggled after mixing with sand is more than the number of gold fragments being disposed of by jewellery manufacturers.

The motive behind smuggling gold out of Sri Lanka in this manner is to evade tariffs on gold exports. The report revealed that the 51 containers were exported to countries including;

Related Stories

ICCI, TDAP organize training session on Preferential Trade Access Database

byCT Report
13/11/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI), in collaboration with the Trade Development Authority of Pakistan (TDAP), organized...

JazzCash refunds illegally cut money to customers

byCT Report
13/11/2026

ISLAMABAD: JazzCash users across Pakistan are currently noticing unexpected deposits in their mobile wallets. These random JazzCash payments range from...

Punjab customers to win prizes for QR payments at hotels & restaurants

byCT Report
13/11/2026

LAHORE: The Punjab Revenue Authority (PRA) has decided to launch a reward scheme under which customers who pay through QR...

Non-filing of sales tax returns Is not tax fraud, rules ATIR Karachi

byCT Report
13/11/2026

KARACHI: The Appellate Tribunal Inland Revenue (ATIR), Karachi Bench, has ruled that a taxpayer’s sales tax registration cannot be blacklisted...

Next Post

Woman caught for smuggling cigarettes hidden in packet of sanitary pads

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.