Ministry of Finance
DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
PrelimsMainsGS3EconomySecurity
Source-grounded summary
Officers of the Directorate of Revenue Intelligence (DRI) intercepted an import consignment at Nhava Sheva Port and seized approximately 10,000 kg of firecrackers valued at about Rs. 3 crore. The firecrackers were concealed behind a declared cargo of bottles and wallpaper. According to the source, the import of firecrackers is classified as 'Restricted' under the Foreign Trade Policy, requiring valid authorization from the DGFT and a license from PESO under the Explosives Rules, 2008. The goods were seized under the Customs Act, 1962, and a key syndicate member involved in the clandestine clearance attempt has been arrested.