Five arrested in duty-evasion racket amounting to Rs26 crore in Mumbai
The Central Intelligence Unit at Air Cargo Complex (ACC) in Andheri on Monday arrested five people for allegedly evading customs duty payment of Rs26 crore. According to the police, they were looking to smuggle mobile phones and accessories into the country. The five accused include custom brokers and importers.
Custom brokers are agents for an importer or exporter who are paid brokerage for clearing goods through customs. “Gross mis-declaration has been resorted to evade payment of customs duty. The description of the declared goods was vague so as to undervalue the consignment. Most of the goods were branded products,” said Atul Saxena, additional commissioner, ACC. Certain entities registered in Hong Kong, China and Chinese Taipei are suppliers for most of the consignments of mobile accessories.
Related Posts
Zimbabwe: Govt Blames Smuggling On Transit Truckers
GOVERNMENT has identified transit truckers as the biggest culprit responsible for...
13 arrests in Hong Kong cigarette smuggling crackdown
Customs officials seized about 2.1 million illicit cigarettes and arrested 13...
23-year-old Kalbadevi jeweller bought 180 kg smuggled gold in a year, arrested by DRI
The Directorate of Revenue Intelligence (DRI) arrested a 23-year-oldKalbadevi...
SA cops tackle Zimbabwe cigarettes smuggling
THE South African Police Service (Saps) is today convening a multi-sectorial...

