The government is set to withdraw a 5 per cent advance tax on the import of gold in the fiscal year of 2022-23 to encourage the import of the precious metal through formal channels and discourage smuggling.
In the name of sending gifts to dear ones, several syndicates have been using expatriates to smuggle gold into Bangladesh.
Police have arrested a couple in Bandarban for allegedly smuggling gold bars worth Tk three crores from Myanmar to Bangladesh.
Three people are arrested while trying to smuggle gold worth around Tk 6.60 crore into India through the bordering area of Benapole in Jashore, according to officials of Border Guard Bangladesh (BGB).
Customs officials detain a man with 6.60 kilogrammes of gold ornaments worth Tk 3.21 crore at Hazrat Shahjalal International Airport in the capital.
Two staffers of Biman Bangladesh Airlines are detained with 38 gold bars weighing around four kilogrammes at Hazrat Shahjalal International Airport (HSIA) in Dhaka.
A Chinese national has been detained with 28 gold bars weighing over three kilogrammes at Hazrat Shahjalal International Airport in capital Dhaka.
A Chinese citizen was held with 24 gold bars, weighing around 2.8 kilogrammes, at Shah Amanat International Airport in Chattogram yesterday. Fan Ronggui, 30, a passenger of flight no. DG-148 of a Biman Bangladesh flight from Dubai, was detained with gold worth Tk 1.20 crore found inside a rechargeable light
The Customs Intelligence and Investigation Directorate officials recovered some 200 gold bars weighing about 23.4kg from two toilets of a Bangladesh Biman Airlines aircraft at Shah Amanat International Airport in the port city yesterday.
Law enforcers arrest four alleged members of an international smuggling gang with 56 gold bars from Dhaka’s Kalyanpur area.
Members of Bangladesh Coast Guard detain a Myanmar national for allegedly smuggling gold ornament weighing 8.77 bhori in Teknaf of Cox’s Bazar.
Customs officials seizes 80 gold bars weighing 9.28 kilogrammes from a flight of Biman Bangladesh Airlines at Hazrat Shahjalal International Airport in Dhaka early today.
Customs officials seize 60 gold bars weighing 6.96 kilogrammes from a microbus of Biman Bangladesh Airlines and detained the driver of the vehicle at Hazrat Shahjalal International Airport in Dhaka.
Customs officers have seized gold, in the shape of beads, from an Indian citizen at Dhaka’s Hazrat Shahjalal International Airport.
Customs Intelligence officials detain an employee of Biman Bangladesh Airlines for helping to smuggle gold bars weighing 732 grams at Hazrat Shahjalal International Airport in Dhaka.
Detectives have detained three alleged members of a gold smuggling ring along with 80 gold bars, weighing 9.33 kilogrammes, in Airport Road area of Dhaka.
Lack of policy and absence of implementation of law are responsible for gold smuggling in the country, Transparency International Bangladesh (TIB) says.
In two separate drives, custom officials detain two persons with around 2 kilogrammes of gold from their possession at Hazrat Shahjalal International Airport in Dhaka.
Six bars of gold are recovered in a man’s rectum at Hazrat Shahjalal International Airport in Dhaka.