Supplements
                Unsigned Heaven     Travel World     The Cheers News     Forum    



Custom authorities seize Anil Ambani's jet

thecheers.org    2008-07-16 20:53:22    

New Delhi, July 16 : The government has issued a notice to seize Anil Ambani's aircraft for alleged customs duty evasion, sources said.
The government has issued a notice to seize Anil Ambani's aircraft for alleged customs duty evasion, sources said.

Customs issued the notice for an estimated Rs 150 crore Global 5000 Bombarider plane belonging to the Reliance Transport and Travels Private Limited for over Rs 37 crore as duty.

Tightening grip on corporate India for alleged customs duty evasion, till now, the authorities have seized about ten aircraft obtained by corporate entities, including a Mukesh Ambani group firm, GMR, Oberoi and Indiabulls under non-scheduled operator permit, but later released the same on bank guarantee and bonds.

ADA group firm Reliance Transport and Travels clarified immediately that though it had done no wrong, but 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.

Customs Department is scrutinising over 250 corporate jets, including those belonging to Tatars, DLF and Raymonds.

A spokesperson of Reliance Transport and Travels said that "RTT is a valid NSO permit holder and has responded and furnished full and comprehensive documentation regarding its aircraft."

"RTT further informed the customs that it has complied with all existing rules and regulations," spokesperson said. (ANI)
© 2007 ANI

Click for more News about jet

TAGS: South-Asia   

The Cheers NEWS is looking for new local reporters


more
Indian Air Force to launch independent website

The Indian Air Force placement cell will launch its website www.iafpe.co.in on July 22 at the Air Force Auditorium.

CPI (M), SP issue whips to their MPs ahead of vote of confidence date

The Communist Party of India (Marxist) and the Samajwadi Party today issued a three-line whip to their Members of Parliament to be present in the Lok Sabha on July 21 and 22.

Tibetan in exiles celebrate 'Guru Purnima' in Dharamsala
18.Jul 2008
Scores of Tibetan exiles, gathered in Dharamsala...read

Pak security under serious threat from millions of unidentified mobile SIM card users
18.Jul 2008
Millions of mobile SIM cards given to mobile users ...read

Indo-Pak talks on Kashmir-related CBMs today
18.Jul 2008
The meeting of the Pakistan-India Technical Working...read



Varanasi silk industry trying to regain foreign markets

Rahul Gandhi to begin Vidarbha tour from today

MHA spokesperson on Wednesday's Naxal incident in Orissa

Modified Kaveri engine to propel Indian Navy ships

Pocket umbrellas prove popular in Kerala





The Cheers magazine: About us | Contact us | The Cheers Story | Advertising
Work with The Cheers: Writers guide | Write for us | Writer application | Reporter application 
The Cheers:Terms and conditions | Privacy policy | Sponsoring | Sitemap
Sister sites: Tech Blog |  Best Auto Zine | Travel destinations by weather | Okai - critical commentary | Stock trading game | Wifi hotspots and wireless laptops | The Daily Bonk | Best Poker Zine | Business thoughts | Political commentary | Most expensive things | World News in ShortTop 10 listsPolitically incorrect blog
Listen: Online radio station
Travel World: World travel locations
Travel: Travel blogs | Travel destinations | Hotel reviews | Beer around the world
Watch: Watch series online
Trade: The Stock game | Trading competitions | Trading education
Entertainment Blogs
Entertainment blog
Copyright © 2004-2012 The Cheers magazine / jet





web stats