Thursday, April 10, 2008

Excise Duty - Brass Parts Unit Cornered

Central Excise and Custom Department in Saurashtra recently Got neck of a nexus between CE officers and Morbi ceramic product manufactures.

Jamnagar brass part manufacturing units were also in this loop, many have been involved in tax evasion, almost 80% the total units are involved in either duty evasion or some way of excise tax thefts.

Bhavin Impex Limited has a duty evasion for over Rs 67 lakh in last five months.

There were some attacked during a recent raid to one of the mentioned unit, Also the department does anticipate resistance from the brass industry.

Jamnagar - News

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