Quick Summary
DRI seizes Red Sanders worth Rs. 11.70 crore under Operation Rakth Chandan In line with its commitment to preserve the natural heritage of the nation,Directorate of Revenue Intelligence(DRI)has recovered14.63 MT of Red Sanders, estimated atRs 11.70 crorein the international market, from a consignment that was stuffed at ICD Sabarmati, and which was to be exported to Sharjah, UAE. Intelligence was developed by DRI that red sanders logs were concealed in an export consignment declared to con
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 011-411-70713
FAQ :
The DRI seized 14.63 metric tonnes of Red Sanders logs.
The seized Red Sanders is estimated to be worth £9.5 million in the international market.
The operation was named 'Operation Rakth Chandan'.
The consignment was destined for Sharjah, UAE.
The Red Sanders logs were concealed within an export consignment declared to contain 'assorted toiletries'.
Red Sanders is a protected species listed in the IUCN Red List as endangered and is listed in Appendix-II of CITES. Its export from India is prohibited under the Foreign Trade Policy.
CAclubindia
