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
Delhi Police arrest three with fake currency of Rs. 3,98,900
The Delhi Police has busted a syndicate operating in Delhi and Uttar Pradesh,...
Search for inmate escapee leads to alleged smuggling operation run by exotic dancers
If inmate Jason Adams hadn't escaped from his roadside work detail in September,...
In Vietnam, counterfeiters thrive on desire for cheap luxury
Nguyen Thu Ha bought a pair of Gucci shoes for only one-tenth the price of a...
Decline in smuggled counterfeits, Dubai Customs says
Dubai: The smuggling of counterfeit goods has dropped by almost 58 per cent...