
DRI Foils Smuggling Bid, Seizes Chinese Firecrackers Worth Rs 35 Crore
These Chinese fireworks, weighing 100 metric tonnes, were illicitly imported in the name of a KASEZ unit and certain IEC holders, by misdeclaring them as goods such as 'Mini Decorative Plants', 'Artificial Flowers', and 'Plastic Mats'.
Notably, some of these consignments were routed through Kandla SEZ by a KASEZ unit with the intent of diversion into the Domestic Tariff Area (DTA). The key individual, a partner of the SEZ unit, found to be actively involved in the smuggling of Chinese firecrackers/fireworks through misdeclaration and misuse of SEZ provisions, has been arrested. He has been remanded to judicial custody by the Court.
The import of firecrackers is 'Restricted' under ITC (HS) Classification of the Foreign Trade Policy, and requires licences from DGFT and Petroleum and Explosives Safety Organisation (PESO) under the Explosive Rules 2008. Firecrackers and fireworks are harmful as they contain banned chemicals like red lead, copper oxide, lithium, etc.
Firecrackers pose a significant risk to public safety, port infrastructure, and the wider logistics supply chain due to their highly combustible nature.
This meticulously planned and seamlessly executed operation underscores DRI's unwavering resolve to combat smuggling, safeguard the nation's critical infrastructure, and protect public safety. By preventing these illegal, hazardous shipments from entering Indian markets, DRI has averted potential hazards ranging from accidental explosions to supply chain disruptions.
“The DRI remains committed to its mission of detecting, deterring, and dismantling illicit networks that undermine the Exim trade ecosystem and endanger public safety,” an official statement said.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain Defi Innovation
- Tradesta Becomes The First Perpetuals Exchange To Launch Equities On Avalanche
- Dubai At The Centre Of Global Finance: Forex Expo 2025 Redefines The Trading Landscape
- Kucoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance
- Forex Expo Dubai 2025 Conference To Feature 150+ Global FX And Fintech Leaders
- Daytrading Publishes New Study Showing 70% Of Viral Finance Tiktoks Are Misleading
Comments
No comment