- 02:32 PM PM talks growth, reforms; outlines stimulus exit p...
- 10:28 AM Financial stability, climate change top on EU Prez...
- 10:27 AM UK joins G20 push for world levy on banks
- 10:27 AM Britain urges divided G20 to reach climate finance...
- 10:27 AM G20 leaders meet, talk about climate change, world...
- 06:47 PM 'The Sensex will test 14500 at some point…'
- 04:16 PM See scope for more int'l listings of Indian cos: N...
- 04:12 PM Dollar weakness will boost EMs, commodities ahead:...
- 04:07 PM 'India would've grown at 7% had monsoon not played...
- 03:04 PM Bye-bye Circular 23!


Mukesh Ambani-led Reliance Industries has come under the scanner of the Customs Department, reports CNBC-TV18.
|
Also Read
RSS feed for news about this stock Click here |
The Department has siezed 2 aircrafts bought by the company, and is alleging that RIL evaded duty of over Rs 57 crore, on these aircrafts.
According to the Central Board of Excise and Customs, or CBSC, the aircrafts were procured by the industrial group for chartered purposes, but were allegedly used for personal travel.
An aircraft imported for chartered purposes invokes a 10% custom duty, while a duty of 18% is levied on aircraft bought for personal use.
A CBEC spokesperson said that the aircraft have been released to Reliance "provisionally". A statement issued by RIL said, “The authorities concerned, as a matter of routine procedure, have sent out notices to several non-scheduled operators. Reliance is fully complying with all procedures as notified by the authorities."
|
|


Today's Special Column
with Kishore Biyani
Future Group and the MD of Pantaloon Retail (India) Limited , Group CEO


-
Most Read
-
Most Viewed
- 10 Companies that FIIs love
- 10 companies that MF managers love
- 'The Sensex will test 14500 at some point…'
- Exit Suzlon Energy at Rs 83: Joshi

- Mahindra Satyam restarts hirings, recalls bench
- 'Bullish' Mark Mobius unfazed by recent market correction
- Sensex ends week 262 pts up, sectors to look at ahead

- SBI cuts deposit rates on slow credit, liquidity glut
- PM talks growth, reforms; outlines stimulus exit plan
Source: Moneycontrol.com
- 'The Sensex will test 14500 at some point…'
Source: CNBC-TV18
- See scope for more int'l listings of Indian cos: NYSE
Source: CNBC-TV18
- Dollar weakness will boost EMs, commodities ahead: HSBC
Source: CNBC-TV18
- SBI cuts deposit rates on slow credit, liquidity glut
Source: Business Line
- Aurobindo drug gets US nod
Source: Business Line
- BEML bags Rs 185 cr NCL order
Source: Business Line
- Tatas going global with low-cost housing
Source: Business Line






















