Monday, 9 January 2012
Value abridged tax on cargo at airport?
Officials claim tax evasion racket at work with gross underreporting of the value of consignments In these times when India's growth story appears to be turning into a fable, saving one's money through is imperative. Provided you stay within the limits of the law. While investigating cases of missing cargo at Mumbai airport, city cops claim to have unearthed a tax evasion racket. Sources say that costs of goods are often underreported by about a 100 times to evade duties including airline tax and Octroi. Under-taxed: The cargo terminal of Mumbai airport "During
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