RIL aircraft seized; CBEC slaps notice for Rs 57 cr

Name: RIL aircraft seized; CBEC slaps notice for Rs 57 cr
Uploaded: Fri, 04 Jul 2008 21:00:01 +0530
Duration: T00H01M54S
Description: Mukesh Ambani-led Reliance Industries has come under the scanner of customs department for evasion of duty to the tune of over Rs 57 crore on two aircraft bought by the company. The Customs Department has seized two RIL-owned aircraft, one of which is believed to have been bought by Mukesh as a gift to his wife Nita, for alleged evasion of duty.

PUBLISHED ON: July 4, 2008 | Duration: 1 min, 54 sec

Mukesh Ambani-led Reliance Industries has come under the scanner of customs department for evasion of duty to the tune of over Rs 57 crore on two aircraft bought by the company. The Customs Department has seized two RIL-owned aircraft, one of which is believed to have been bought by Mukesh as a gift to his wife Nita, for alleged evasion of duty.