Indian Customs suspend DHL licence
Logistics giant DHL has had its licence to operate as a courier service provider from Bangalore airport suspended following confiscation of a consignment originating from Singapore that allegedly contained gold.
Reports from India suggest DHL has approached the Karnataka High Court against the suspension.
"It is a fact that DHL's licence to operate as a courier service provider from Bangalore has been suspended," a source told the Business Standard.
According to the Indian daily, customs officials at the airport confiscated a consignment ferried by DHL from Singapore to Bangalore as they found gold/gold items in a packet.
A DHL spokesperson is quoted as saying a suspicious consignment was intercepted by customs in Bengaluru and the case is being investigated. They declined to comment on further details.
Under current regulations in India, precious metals, including gold and sliver, can't be imported through courier-on-board mode.