Financial Daily
from THE HINDU group of publications
Saturday, July 07, 2001
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Financial Daily from THE HINDU group of publications Saturday, July 07, 2001 |
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Duty evasion by pan masala maker
NEW DELHI: The Central Excise Commissionerate, Lucknow has detected excise duty evasion to the tune of Rs 40 crore by a manufacturer of pan masala.
According to the Commissioner of Central Excise, Lucknow, Mr S.K. Shingal, Harsingar Gutkha Pvt Ltd based in the UP capital had floated tow trading units as a facade. Goods were then purportedly cleared from the factory premises without payment of duty a
nd the invoices were issued in the name of these two trading firms. f303 -- Our Bureau
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