Six solar firms face DRI probe for 'evasion of duty'The probe is in connection with underpayment of customs and wrong declaration in the import of solar cells and solar modules from China bet...
05 Feb, 2024, 12.13 AM IST
Customs case: Singhania-led Raymond Group pays ₹328-crore penaltyThe federal agency identified Raymond Group chairman and managing director (CMD) Singhania as the "beneficial owner," on whose alleged inst...
09 Jan, 2024, 08.49 AM IST
Xiaomi, Oppo, Vivo and Lenovo under probe over alleged GST evasionThe Indian government is pursuing unpaid tax dues from Chinese smartphone brands, including Xiaomi, Oppo, Vivo, and PC maker Lenovo, and in...
22 Jul, 2023, 01.09 AM IST
Mobile handset assembly imports to attract 15% duty, 10% for display onlyImport of display assembly of cellular mobile phones along with back-support frames will attract a basic customs duty (BCD) of 10%, the Cen...
20 Aug, 2022, 12.28 AM IST
'Duty evasion' by Chinese phone firms in India under lensSitharaman said the Directorate of Revenue Intelligence (DRI) had issued a ₹4,389 crore customs duty demand notice to Oppo India.
03 Aug, 2022, 05.03 AM IST
Customs Department seeks to proclaim Nirav Modi absconder in duty evasion casePublic prosecutor Nayan Sukhadwala said that a case for alleged customs duty evasion has been registered against Nirav Modi by the central ...
08 Aug, 2018, 09.57 PM IST
Customs duty evasion: Finance Ministry proposes to reduce penaltyThe Centre has also proposed to rationalise imposition of penalty on central excise duty and service tax evasions by fraud and other means.
12 Mar, 2015, 05.00 PM IST
Finance Ministry detects about Rs 1,000 cr customs, excise duty evasionThe Finance Ministry has detected customs and excise duty evasion of at least Rs 1,000 crore between January and July.
14 Oct, 2013, 05.39 PM IST
Finance Ministry detects tax evasion of over Rs 4,500 croreOut of the total Rs 4,744.92 cr of indirect tax evasion detected during Apr and December last year, officials made a recovery of Rs 531 cro...
09 Jun, 2013, 02.10 PM IST
Finance Ministry mulls new intel wing to check service tax evasionGovernment is mulling to create a separate intelligence unit to check the menace of tax evasion and stop leakage of revenue.
07 Apr, 2013, 02.08 PM IST
Budget 2013: Govt seeks to get tougher on service tax, customs violationsChidambaram has inserted at least half-a-dozen provisions in the Finance Bill to make certain offences related to customs and excise duty n...
04 Mar, 2013, 02.17 AM IST
Tax evasion of over Rs 2,600 crore detectedComing down heavily on tax defaulters, financial intelligence agencies have detected tax and duty evasion of over Rs 2,600 crore in the las...
18 Jan, 2013, 04.16 AM IST
- Government to tighten Customs laws to check duty evasion
Government has proposed to tighten the Customs laws by making violation of certain provisions as cognizable offences.
05 Apr, 2012, 03.06 PM IST
- HP evaded Rs 1450cr duty: DRI
The Bangalore zonal unit of the Directorate of Revenue Intelligence has unearthed the biggest customs duty evasion by any company in India,...
05 May, 2010, 08.34 AM IST
- Anil Ambani's aircraft released provisionally by Customs
Mumbai Customs officials have released the 'Bombardier Global 5000' aircraft owned by Anil Ambani group ADAG.
19 Jul, 2008, 09.20 PM IST
- Excise Dept cracks down on duty evaders
The total duty evasion in these cases is about Rs 10 crore, CBEC spokesperson said on Friday.
02 Feb, 2007, 10.05 PM IST
- Excise spots Rs 1k cr evasion cases in H1
Companies like LG Electronics, Skoda Auto India and Sahara India Financial Corporation have been booked by the Directorate of Central Excis...
28 Oct, 2006, 01.55 AM IST