22 C
Jalandhar
Tuesday, October 26, 2021

ਵਾਹਿਗੁਰੂ

spot_img
yes punjab punjabi redirection

Mera Ghar

Loan Waiver

Kisan Victims

Water Bills

Electricity Bills

Invest Punjab

Group D

Parali

PSSSB Chemical

Markfed Sept to Nov

Innocent

DRI drops proceedings against Jalandhar Hotelier Gautam Kapoor

- Advertisement -
Jalandhar, January 5, 2020 (Yes Punjab News)
More than eight years after the initiating proceedings against Gautam Kapoor, a prominent exporter and owner of Radisson Hotel, Jalandhar, the Directorate of Revenue Intelligence (DRI) has cleared him of all charges of alleged misuse of Government scheme for import of cars by hotels at concessional duty.

Welcoming the orders, Kapoor said the allegations had quite apparently been motivated by business rivalry or political affiliations. Justice had, however, finally prevailed, he added. It has been found that the cars had been imported and used as per the provisions of
Government Policy, with the hotel complying with all the conditions, said a spokesperson of Radisson Jalandhar, adding that after the Common Adjudicating Authority dropped the DRI proceedings, they had received the necessary redemption letters from various authorities.
With this, all the cases against Kapoor had been dropped.

According to the spokesperson, after the DRI proceedings were dropped by the Common Adjudicating Authority, they had applied to DGFT office for issue of Redemption letters on the ground that they had fulfilled 100% Export Obligation imposed, and had also complied with other conditions of the Duty Free License for import of the cars. These Redemption letters were then submitted to Customs of different ports, through which those cars were imported.

Subsequently, the Commissioners of Customs of these ports issued the Redemption letters, the last of which was received from Commissioner Nhava Sheva Port, for import of Audi car, in December 2019.

Earlier, following the complaint, the DRI had seized the said five vehicles, which included two BMWs and one Rolls Royce. It was alleged that the vehicles were purchased for business purposes, and waiver of customs duty was availed on this ground, but the cars were being operated for personal use. The allegations had surfaced at a time when Kapoor was an aspirant for Congress Assembly ticket from Jalandhar.

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,673FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

UK Glasgow Climate Change Summit

Glasgow Climate Change Summit – by Asad Mirza

The upcoming Glasgow Summit will prove whether the global leaders are ready to put the entire mankind to peril or whether sagaciously they'll work...
Security Force in Kashmir

Kashmir: A battle that has been laid off for far too long- by Amjad Ayub Mirza

On October 22, 1947 Pakistan attacked the State of Jammu and Kashmir. It was the beginning of a conflict that would leave thousands dead...
Indian Population

In the light of the population explosion debate – by Nirendra Dev

Mizoram has made news -- not necessarily for the wrong reasons but certainly for quite unexpected reasons. North-Eastern India generally makes news due to...

SPORTS

Health & Fitness

Brain Complications

Covid more likely to cause rare brain complications than vax: Study

London, Oct 26, 2021 - Getting Covid infection increases the risk of rare neurological complications in people more than the vaccines, according to a new study. The study led by researchers from the University of Oxford analysed the healthcare records of more than 32 million people in England. Their findings, published in Nature Medicine, showed that Covid infection is associated with...

Gadgets & Tech