Latest


Anil Ambani's Aircraft Released Provisionally by Customs

  •   Sun, Jul 20 2008 10:52:10 AM

PTI

Mumbai, Jul 20: Mumbai Customs officials have released the 'Bombardier Global 5000' aircraft owned by Anil Ambani group ADAG, a company official said in Mumbai on Saturday.

The company furnished a bank guarantee of Rs 37-crore and a bond amount of Rs 150-crore, equivalent to the value  of the aircraft, in Delhi to get the seized plane released provisionally yesterday.

The Government had on Wednesday issued a seizure notice for an aircraft of Anil Ambani group over alleged customs duty evasion.

Now the adjudication proceedings would decide on the amount of fine and penalty for the alleged duty evasion, the official said.
  

Top Stories


Leave a Comment

Title: Anil Ambani's Aircraft Released Provisionally by Customs



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like