Search For "undervaluation"
Rupee weakness deepens on trade and capital outflows; undervaluation may n
Updated : 3 months, 2 weeks ago IST
The Indian rupee has continued to display pronounced weakness this financial year, slipping nearly 5 per cent against the US dollar and consistently trading above the 90-per-dollar mark in recent days.
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DRI cracks down on undervaluation in import of high-end luxury cars, one a
Updated : 10 months, 2 weeks ago IST
Specific intelligence developed by DRI indicated that High-end Luxury Cars were being imported by resorting to undervaluation to the extent of 50 per cent by mis-declaring the import value at the Indian ports of Import to evade the applicable Customs Duties, said a statement from the Ministr
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ED attaches immovable properties worth Rs 24 lakh in undervaluation case
Updated : 3 years, 1 month ago IST
Directorate of Enforcement (ED) has provisionally attached immovable properties worth of Rs 24.13 lakh owned by M Hari Babu, Proprietor of Bhavani Diamond Tools in the case of 'undervaluation and subsequent short payment of Customs duties'.
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DRI arrests 6 for evading customs duty on imported goods
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], February 5 (ANI): Six persons have been arrested by the Directorate of Revenue Intelligence (DRI) for allegedly undervaluing imported goods from China and evading custom duty to the tune of Rs 145 crore.
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