DRI seizes iPhone 13 units worth Rs. 42.86 crore
Image Credit: Apple
Following an investigation, the Directorate of Revenue Intelligence (DRI) seized over 3,646 units of the iPhone 13 series at the Mumbai Airport. The handsets were shipped in from Hong Kong as "memory cards," possibly trying to avoid the custom duties that are applied on the import of smartphones in India. The combined valuation of seized units was over Rs. 42.86 crore (around $5 million).