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Gold smuggling was rampant in India until liberalisation, which repealed The Gold (Control) Act, 1968 that prohibited the import of gold except for jewellery. [4] In the 2011–12 period India's current account deficit burgeoned to 4.2% of its GDP. [5] This was due to high prices of oil and gold, which the country imports in huge volumes. [6]
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.
Florida state and federal authorities have recovered a million dollars’ worth of stolen gold coins that are linked to a fleet of sunken 18th-century treasure ships.. The state’s Fish and ...
United States Customs and Border Protection (CBP) is the largest federal law enforcement agency of the United States Department of Homeland Security.It is the country's primary border control organization, charged with regulating and facilitating international trade, collecting import duties, as well as enforcing U.S. regulations, including trade, customs, and immigration.
The Bureau of Indian Affairs Police, Office of Justice Services (BIA or BIA-OJS), [1] also known as BIA Police, [2] is the law enforcement arm of the United States Bureau of Indian Affairs. The BIA's official mission is to "uphold the constitutional sovereignty of the Federally recognized Tribes and preserve peace within Indian country ". [ 1 ]
The Florida Fish and Wildlife Conservation Commission announced the recovery in a news release, calling it a "major milestone in a long-standing investigation into the theft and illegal ...
Exactly 300 years later, in 2015, a treasure trove of 101 gold coins was discovered off Florida's Treasure Coast by the Schmitt family. The family operated an LLC called 1715 Fleet - Queens Jewels ...