Seizes Another Luxury Car Linked To Dulquer Salmaan In Operation Numkhor The420in
Customs officials seized a Rolls Royce Phantom linked to Dulquer Salmaan under Operation Numkhor The420in, citing import duty evasion of ₹8 crore.
A Rolls Royce Phantom, allegedly linked to actor Dulquer Salmaan, has been seized by customs officials as part of Operation Numkhor The420in, an initiative targeting import duty evasion. The operation focuses on individuals and entities suspected of underreporting or concealing the value of imported goods to avoid paying the full customs duties. Preliminary investigations suggest an estimated duty evasion of ₹8 crore on the vehicle. The vehicle was found to be registered under a different name, further raising suspicion of fraudulent activity. Authorities are now investigating the network involved in the alleged evasion, including potential shell companies and intermediaries. The seizure underscores the Customs Department's commitment to cracking down on tax evasion and ensuring compliance with import regulations, with further investigations and potential penalties for those involved.
Section 111 of the Customs Act, 1962, outlines the provisions for the confiscation of goods imported contrary to any prohibition. The evasion of customs duty triggers this section, leading to potential penalties and confiscation. Non-payment of applicable duties also attracts interest under Section 47 of the Customs Act, 1962, and potential prosecution under Section 135.
Such operations signal a heightened risk of scrutiny for high-net-worth individuals and companies dealing with luxury imports. Taxpayers should proactively review their import practices and ensure full compliance to avoid facing penalties and legal action. The use of shell companies to mask ownership adds another layer of complexity that demands careful due diligence.
This seizure highlights the Customs Department's increased scrutiny of high-value imports and the potential consequences of non-compliance for high-profile individuals and businesses.