Honest 836 Report post Posted July 16, 2008 ADAG jet flies into customs net; seizure notice issued NEW DELHI: Tightening noose on Corporate India for alleged customs duty evasion, the government has issued a notice to seize an aircraft belonging to Anil Ambani group, sources familiar with the development said. No immediate comment could be obtained from the Anil Ambani group. Customs issued the notice for an estimated Rs 150 crore on Global 5000 Bombarider plane belonging to the Reliance Transport and Travels Pvt Ltd for over Rs 37 crore as duty. Till now, the authorities have seized about 10 aircraft obtained by corporate entities, including a Mukesh Ambani group firm, GMR, Oberoi and Indiabulls under non-scheduled operator permit, but released the same on bank guarantee and bonds. ADA group firm Reliance Transport and Travels said immediately that though it had done no wrong, it offered a voluntary bank guarantee and indemnity bond, a move spurned by the customs on the ground that without issuance of seizure notice no such offer can be accepted. - PTI Share this post Link to post Share on other sites
Greatest 55 Report post Posted July 16, 2008 Now i understand y the charges in our reliance mobile tariffs are going up.. :X Share this post Link to post Share on other sites
