Mumbai: Over 30 High-End, Limited Edition Watches Worth Rs 30 Crore Seized, One Held For Smuggling (See Pics)

A person was arrested by the Directorate of Revenue Intelligence (DRI), Mumbai zonal Unit, for allegedly smuggling high-end watches. The authorities seized more than 30 smuggled high-end premium watches of foreign origin from his residence. Most of these watches are limited edition watches of exceptionally high value, ANI reported. "The total market value of all the watches is estimated at more than Rs 30 Crores. Import of watches by individuals through the baggage attracts 38.5 % of Customs duties as per Baggage Rules, which was evaded by the said individual," DRI said. Mumbai Airport Customs Seize Over 2.1 Kg Gold Dust in Wax Form Worth 1.1 Crore from Lounge Staff.

Over 30 High-End, Limited Edition Watches Seized:

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