DRI unearths tax evasion scam, seizes LED TVs worth Rs 12 cr

Ahmedabad | Thursday | 14th September, 2017

Summary:

A release issued by the DRI states it found LED TVs of Samsung and Sony were from Egypt and lacked BIS certification. Once the separate parts of TVs were imported, they were brought to a station and re-assembled and sold in the grey market of India. The order bans import/manufacturing/sale of electronic goods which are neither tested nor meet the Indian Safety Standards of BIS. The seizure was conducted in the interest of consumers under the Electronics and Information Technology Goods order 2012, DRI said. DRI suspects that it might be a part of a large-scale duty evasion scam as it was not satisfied with the statements of the Raj Traders- Mumbai and Ideal Impex Delhi's owners and managers..