Walnut Importer Arrested for Alleged Duty Evasion of Rs 24.4 Crore
मुख्य बातें
- •The walnut importer was arrested for allegedly evading customs duty of Rs 24.4 crore
- •The importer had been misdeclaring the value of walnut imports to avoid paying the applicable customs duty
- •The Directorate of Revenue Intelligence (DRI) had been investigating the importer for several months before making the arrest
- •The government has been cracking down on duty evasion in recent years, and this arrest sends a strong message to importers who attempt to cheat the system
In a significant crackdown on customs duty evasion, a walnut importer has been arrested for allegedly evading duty of Rs 24.4 crore. The arrest was made after an investigation revealed that the importer had been misdeclaring the value of walnut imports to avoid paying the applicable customs duty.
According to reports, the importer had been importing walnuts from various countries, including the United States, and selling them in the domestic market. However, during the investigation, it was found that the importer had been misdeclaring the value of the imports, resulting in a significant loss of revenue to the government.
The Directorate of Revenue Intelligence (DRI) had been investigating the importer for several months before making the arrest. The DRI had gathered evidence of the importer's wrongdoing, including documents and records of the misdeclared imports. The investigation revealed that the importer had been using various tactics to evade duty, including under-invoicing and misdeclaration of the goods.