Raids by DRI.

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....aids by DRI. <br>News and Press Release<br>Dated:- 5-9-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 05-September-2012 18:20 IST Raids by DRI The Directorate of Revenue Intelligence (DRI) has conducted raids during the last three years and the current years. The mandate of the DRI is to investigate offences under the Customs Act, 1962 and the NDPS Act, 1985. T....

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....he Directorate of has detected causes of commercial fraud and outfight smuggling, details of which are as under: Anti Smuggling Performance of DRI - At a Glance (Rs. In Crore) Sl. No. Item of Work 2009-10 2010-11 2011-12 2012-13 (up to June 2012) Number Value/Duty Number Value/ Duty Number Value/ Duty Number Value/Duty 1. Seizures 487 680.17 438 895.34 547 3127.70 93 29....

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....1.47 2. Commercial Fraud Cases Detected 391 615.23 581 826.47 527 1841.48 138 75.13 3 Investigation completed and SCN issued in CF cases 274 1238.31 399 2953.29 551 2506.06 182 350.13 4. SCN issued in Outright Smuggling cases 126 34.17 107 78.74 150 278.06 17 18.87 5 Duty Recovered 384 220.87 604 454.80 418 362.04 98 49.70 Note: In the columns Value/Duty, f....

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....igures in S.No. 1 & 4 pertain to value of goods and all other pertain to duty involved. The Income tax department investigates violations of direct tax laws based on credible information relating to tax evasion, through a set procedure, and brings undisclosed amount to taxation. Search and seizure is conducted in the case of 'person', which includes individuals, Hindu Undivided Families (HUFs), ....

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....firms, companies, association of persons (AoPs), body of individuals (BoIs), local authorities and any artificial juridical person, who is in possession of any money, bullion, jewellery, documents or any other valuable article or thing which represents undisclosed income. These persons are engaged in diversified business activities/professions across different sectors. Therefore, person-wise or pr....

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....ofession-wise details are not separately maintained by Income-tax department. Monitoring of assets of officials is the domain of the respective departments under the relevant conduct regulations. This information was given by the Minister of State for Finance, Shri S.S. Palanimanickam in written reply to a question in Lok Sabha today. * * * DSM/RS/Hb<BR> News - Press release - PIB....