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
Hyderabad cops seize fake household products worth Rs 2 cr, 3 arrested
Hyderabad: The city police arrested three persons in connection with an illegal...
Confidence Reigns, Counterfeit Consumer Electronics Continue to Fool Consumers
Canon U.S.A., Inc., a leader in digital imaging solutions, will unveil today the...
Illegal tobacco hidden in Chinese cargo
A Chinese national faces deportation or up to 10 years in jail for illegally...
Chinese woman illegally crossed Canada-U.S. border with $38K in gold bars: authorities
TORONTO -- A Chinese woman was arrested after allegedly entering the United...