Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Two held for Rs 12 cr customs duty evasion.

Date: 11-10-2017
Subject: Two held for Rs 12 cr customs duty evasion
Ahmedabad: Directorate of revenue intelligence (DRI) has nabbed two persons in connection with a Rs12 crore customs duty evasion. The duo, identified as Sarfaraz Khan Pathan and Rafeuddin Kadari, both from the city, had imported betel nuts and black pepper from Indonesia and Vietnam respectively at Mundra port by declaring it as Sri Lankan import to unduly avail the benefits of India-Sri Lanka Free Trade Agreement, said officials on Tuesday.

DRI officials said that Pathan, a resident of Juhapura area of the city, was a repeated offender of smuggling and he was booked by the agency in 2012 under COFEPOSA (Conservation of Foreign Exchange and Prevention of Smuggling Activities Act). Whereas Kadari, a resident of Mirzapur, helped Pathan in this allged case of duty evasion to the tune of Rs12 crore.

"The duo were engaged in imports of betel nuts of Indonesia and black pepper of Vietnam by routing them through Sri Lanka and misdeclaring them as of Sri Lankan origin, to unduly avail the benefits of India-Sri Lanka Free Trade Agreement by using three dummy Importer-Exporter Codes (IEC) in the names of T G Enterprise, R M International and M M Enterprise," said a DRI official.

He added, "If the betel nuts are imported from Sri Lanka, then no basic customs duty would be levied. But if it is imported from Indonesia then the basic customs duty of 100% would be levied. Likewise, the basic customs duty would be 8% if black pepper is imported from Sri Lanka as against 70% if the same is imported from Vietnam." The DRI team from Ahmedabad conducted searches in the premises of the accused in the city and also at the premises of IEC holders in Mumbai.

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 15-04-2021
Notification No.43/2021 - Customs (N.T.)
Exchange rates Notification No.43/2021-Cus (NT) dated 15.04.2021

Date: 13-04-2021
Public Notice No. 01/2015-2020
Allocation of additional quantity of 3675.13 MT (raw/refined) sugar to UK under TRQ scheme for the year 2020-21

Date: 12-04-2021
Notification No. 21/2021-Customs (ADD)
Seeks to impose anti-dumping duty on imports of Normal Butanol or N-Butyl alcohol originating in or exported from European Union, Malaysia, Singapore, South Africa and United States of America for a further period of 5 years.

Date: 11-04-2021
Notification No. 01/2015-2020
Amendment in Export Policy of Injection Remdesivir and Remdesivir API.

Date: 09-04-2021
Public Notice No. 53/2015-2020-DGFT
Late cut for MEIS applications for exports made in the Financial Year 2019-20

Date: 08-04-2021
Notification No. 08/2021-Central Excise
Seeks to amend central excise notifications to make changes consequential to enactment of Finance Act, 2021.

Date: 08-04-2021
Notification No. 26/2021 – Customs
Seeks to amend customs notifications to make changes consequential to enactment of Finance Act, 2021.

Date: 07-04-2021
Public Notice No. 52/2015-2020
Change of office address of Regional Authority, Ahmedabad.

Date: 07-04-2021
A.P. (DIR Series) Circular No. 01
External Commercial Borrowings (ECB) Policy – Relaxation in the period of parking of unutilised ECB proceeds in term deposits

Date: 05-04-2021
Notification No. 41/2021-Customs (N.T.)
Seeks to notify Customs (Verification of Identity and Compliance) Regulations, 2021

Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001