DRI has arrested one of the biggest importers involved in this commercial fraud, based in Hyderabad, who has imported 8 such high-end luxury cars involving customs duty evasion of more than Rs7 Crores.
FinTech BizNews Service
Mumbai, May 14, 2025: Specific intelligence developed by Directorate of Revenue Intelligence (DRI) indicated that High-end Luxury Cars were being imported by resorting to undervaluation to the extent of 50% by mis-declaring the import value at the Indian ports of Import to evade the applicable Customs Duties. These Luxury Cars would first be transported to Dubai/Sri Lanka from USA/Japan, for the purpose of conversion from left to right hand drive (RHD) and other modification before being imported into India by mis-declaring the import value by using fabricated documents.
Rolls Royce & Cadillac Escallade
Hummer EV & Lexus
In the investigation, it was ascertained that more than 30 Luxury Cars viz models like Hummer EV, Cadillac Escallade, Rolls Royce, Lexus, Toyota Land Cruiser & Lincoln Navigator have been imported by using the above modus operandi. The importers involved are based in Hyderabad, Mumbai, Pune, Ahmedabad, Bangalore & Delhi with estimated duty evasion of more than INR 25.0 Crores.
DRI has arrested one of the biggest importers involved in this commercial fraud, based in Hyderabad, who has imported 8 such high-end luxury cars involving customs duty evasion of more than Rs. 7.0 Crores. The Hon’ble CJM Court, Ahmedabad has sent him to judicial custody.
Other importers & actual users of the imported cars on whose behalf these cars were imported are under the scanner of DRI.
