05-August-2011 17:51 IST

16 Imported Luxury Cars Seized between April,2011 to July 2011 Valued at Rs.6.75 Crores

Sixteen number of imported luxury cars have been seized in the country during the recent past between April,2011 to July 2011.They are valued at Rs.6.75 crores and involves evasion of duty of Rs.4.87 crores. All Customs field formations have been sensitized and alerted to prevent smuggling of imported cars into the country. Action under the provisions of the Customs Act, 1962 has been initiated against the importers.

This information was given by the Minister of State for Finance, Shri S.S.Palanimanickam in written reply to an Unstarred Question in Lok Sabha today.

Press Information Bureau

Government of India

Ministry of Finance

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Category : Custom Duty (6955)
Type : News (13636)
Tags : Tax Evasion (140)

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