Tuesday, April 26, 2011

High-end cars, bikes seized: DRI

The Directorate of Revenue Intelligence (DRI) has seized more than two dozen luxury cars and high-end motorcycles being brought to India, allegedly by evading import duty running into several crores. The agency suspects that these cars were meant for a clientele comprising the rich and powerful.

Following the DRI operation in Delhi, Mumbai and some other parts of the country, more than a a dozen people have been detained and are being questioned.
The seized vehicles include models of Ferrari, BMW, Mercedes, Porsche, Lamborghini, Humvee and Audi.

A resident of Vasant Vihar in Delhi, who the DRI suspects was at the centre of this alleged import racket, has been called for questioning.

“Cars were imported from countries like the UK where they were purchased second-hand. The import duty on second-hand cars in India is 160 per cent while it is 109 per cent on new cars,” a DRI official said.

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