India, June 3 -- In one of its largest enforcement actions to date, Gujarat's State GST Department has seized precious metals and gemstones valued at approximately Rs 4.25 crore during an inspection of a private passenger bus.

Officials from the department's Mobile Squad intercepted the vehicle after receiving intelligence inputs regarding the transportation of high-value goods. During the inspection, authorities recovered around 120 kilograms of silver, nearly 700 grams of gold and approximately three kilograms of precious stones. Preliminary findings indicated that the consignment was being transported without the mandatory supporting documents required under tax regulations. Officials sought invoices and other records related to the s...