Home / Mumbai / Mumbai News / Article / Mumbai: Customs dismantles crane importer’s duty evasion scam

Mumbai: Customs dismantles crane importer’s duty evasion scam

Doing so made it eligible to import under the head of ‘old and used cranes’ and thus pay less or no customs duty

Listen to this article :
Representational images. Pic/iStock

Representational images. Pic/iStock

The Customs Special Intelligence and Investigation Branch had apprehended an individual for evading customs duty of Rs 2 crore by committing financial fraud.

According to customs officials, a tip-off had alerted them about the alleged financial fraud by Charanjit Transport Company to evade customs duty. As used and old cranes attract customs duty which is comparatively less than the recently manufactured ones, the transport company had misrepresented the year of manufacturing of the cranes it imported. 

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Mumbai: Delisle bridge closed again after Aaditya’s unofficial opening; citizens in limbo

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement