DRI busts luxury car smuggling racket
New Delhi: The Directorate of Revenue Intelligence busted a luxury car smuggling racket in Gurugram that had caused a duty evasion of more than INR 25 crore by smuggling 20 vehicles into India in the name of diplomats and diverting the same to private persons.
Three people including the CEO of the luxury car dealership named Big Boys Toyz were arrested by the Directorate of Revenue Intelligence, said a media release.
According to the release, “Operation Monte Carlo” was launched after DRI received information that a group of individuals was smuggling high-end luxury cars into India under the guise of diplomats and diverting them to private individuals, evading a significant amount of customs duty.
Related Posts
P4B duties, 1M jobs lost due to pork meat smuggling—agri group
The SamahangIndustriya ng Agrikultura (Sinag), a leading agricultural group in...
Foreign currency worth $400,000 hidden in students’ notebooks seized at Pune airport
Three students travelling to Dubai were caught at Pune airport with over...
ICE, industry warn public of holiday scams
Washington, DC - A group of federal partners at the U.S. Immigration and Customs...
Spotting Fakes
From drugs to gadgets, the share of counterfeits in global trade, according to an...