CG Posted March 23, 2013 Posted March 23, 2013 Chennai: The CBI on Friday seized 11 cars belonging to BCCI chief and India Cements promoter N Srinivasan as part of its ongoing raids in Chennai, sources said. The sources added that Srinivasan had evaded paying tax on the imported cars. Apart from Srinivasan, the CBI also raided the residences of the chancellor of a medical college, several other businessmen and the MGM Group of Companies. The CBI seized seven cars from the Chancellor of Sri Ramchandra Medical college, five vehicles from GK Shetty Ramanna, two each from the MGM Group of companies and Raja Shankar, and one automobile from the owner of JRA Towers group. According to the CBI, the Chennai car imports scam is perhaps the biggest of its kind in India. The scam, in which officials of the Directorate of Revenue Intelligence are also believed to be involved, has caused a loss of nearly Rs 50 crore to the government exchequer. Earlier on Friday, the CBI seized 33 cars after raids across the city and the state. The raids were carried out at the residences of several DRI officials and the alleged mastermind of the racket, Alex Joseph, who has evaded arrest. The raids came a day after the residence of DMK's political heir MK Stalin was searched allegedly for an imported Hummer. The operations, however, were called off soon after the opposition targeted the government, calling the raids "political vendetta", as they came just days after the DMK withdrew support from the coalition government. I wonder How many Cricketers and Moviestars have also evaded taxes. http://ibnlive.in.com/news/chennai-bcci-chief-in-cbi-net-for-tax-evasion-on-imported-cars/380552-62-128.html
Crookbond Posted March 23, 2013 Posted March 23, 2013 B@st@rd should be jailed for this. CG - Quote the text yaar! :wall:
asterix Posted March 23, 2013 Posted March 23, 2013 Now Rajiv Shukla will take control... Downfall of dictator Srini starts...
King Tendulkar Posted March 23, 2013 Posted March 23, 2013 Shukla is fat ******** as well. Succession of ****..er...s
Rohit S. Ambani Posted March 23, 2013 Posted March 23, 2013 Maybe this are Dhoni's cars parked at his fathers home.
Mariyam Posted March 23, 2013 Posted March 23, 2013 B@st@rd should be jailed for this. CG - Quote the text yaar! :wall: Jailed? That is very rare in such cases. He may however be asked to pay all the unpaid taxes/duty with exorbitant interests.
surajmal Posted March 23, 2013 Posted March 23, 2013 Duty regime in India is a disgrace. If I could manage to evade those exorbitant import charges, wouldn't hesitate for a second.
Swing_n_Speed Posted March 23, 2013 Posted March 23, 2013 Screw this crap. Tell the govt. of India to back off from my restaurant bills or the cars I buy, when every service they provide is epic shyte. It's crazy how the govt taxes u on everything, but there is absolutely 0 accountability on how they utilize tax revenue.
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