Ex-IPL boss Lalit Modi accused of evading customs duty on aircraft

Directorate of Revenue Intelligence issues show-cause notice for Rs 18.5 crore duty evasion for importing an aircraft that the controversial Modi used for personal use.

updated: April 23, 2013 11:51 IST
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Lalit Modi, the former chief of the Indian Premier League, has been issued a show-cause notice from the Directorate of Revenue Intelligence for Rs 18.5 crore duty evasion in the import of an aircraft in 2008

The notice said Modi was using the aircraft for personal reasons but set up dummy companies to import it by falsely availing Customs duty exemption. The DRI has relied on the various e-mails between Modi, his former employee and confidante Deepa Palekar and other facilitators to substantiate its claims.

The Rs 100 crore Bombardier Challenger 300 aircraft was imported by Vile Parle-based Golden Wings Pvt Ltd (GWPL) from Peel Aviation, Ireland, for a lease amount of Rs 10.85 crore for a period of 7 years beginning May 2008, according to reports.

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