Mumbai police arrest importer with inferior grain-oriented steel
An importer from Navi Mumbai has been arrested by the Directorate Revenue of Intelligence for allegedly declaring defective steel coils as good quality steel.
The Mumbai unit of DRI on Friday raided Narendra Tarachand Purohit, proprietor of Chamunda Enterprises and seized 27 metric tonnes of secondary (defective) cold-rolled grain-oriented (CRGO) steel sheets.
He allegedly used to declare the steel coils as prime (good quality) and environmentally friendly and import them into India. In doing so, the accused could have avoided around $1.4 million in unpaid customs duties.
Officials also recovered unsigned unstamped certificate of magnetic testing and documents related to import/sales/purchase registered in the names of Narendra’s relatives and employees.
Source: Steel Guru
Photo (for illustrative purposes): Customs border clearance agent, US Navy / U.S. Navy photo by Mass Communication Specialist 2nd Class Kitt Amaritnant / Wikimedia / Public Domain
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