Rs 90 lakh fine slapped on Saif - triple the price of imported car

Rs 90 lakh fine slapped on Saif - triple the price of imported car
Monday, September 10, 2012 13:53 IST
The star who paid Rs 30 lakh for a car, will now have to shell out three times the amount as fine

After being grilled by the Enforcement Directorate for alleged evasion of duty on his Rs 30-lakh car, Saif Ali Khan will have to spend Rs 90 lakh as fine

It appears Saif Ali Khan's approach of trying to save a little money has gone horribly wrong. The star, who had paid Rs 30 lakh for a car from a Dubai-based dealer, will now have to shell out three times the amount as fine.

On Saturday, Enforcement Directorate (ED) officials grilled Saif for more than four hours in the eight-year-old car importing case. In 2004, Saif had allegedly imported a Toyota Land Cruiser from Dubai using the name and address of a Kerala resident by the name of Mohammed Kolangara.

However, Customs officials suspected that Kolangara could not afford an expensive car such as the Land Cruiser and during investigations, it was revealed that Khan had paid Rs 30 lakh to a dealer in Dubai through a hawala channel. Later, the matter was forwarded to ED.


According to an ED official, if Saif had paid the Rs 30 lakh in white, he would then have to spend only Rs 30,000 as income tax. However, in the attempt to save Rs 30,000, he will now have to spend Rs 90 lakh. `In the hope to save Rs 30,000, Saif will now be spending Rs 90 lakh to the ED, which includes the penalty as well as the tax amount,` said the ED official.

According to the rules by the Foreign Exchange Management Act (FEMA), if the allegation is proven to be true, Saif will have to pay a minimum 100 times of the tax.

`We recorded Khan's statement. We questioned how he had paid the money in Dubai,` said the official.

When MiD DAY contacted Saif, he said, `Already a lot of things have been published in the media. What is new with you? I am not interested in your questions.`
Vikrant Massey Takes the Lead in Revamped Dostana 2 as Dharma Productions Revives the Franchise!

After a long wait filled with speculation and delays, Dostana 2 is officially back in production—this

Saturday, May 17, 2025
Ananya Panday Addresses Plastic Surgery Rumors: 'You Can Never Win' in a World Obsessed with Women's Bodies!

Ananya Panday, one of Bollywood’s most talked-about young stars, is breaking her silence on the persistent

Saturday, May 17, 2025
Janki Bodiwala Opens Up About Intense Preparation for Vash: 'The Director Asked Me to Pee for Real'!

In a candid revelation, actress Janki Bodiwala shared insights into the intense and unconventional

Saturday, May 17, 2025
'Dance Truly Makes Me Happy,' Says Delbar Arya on Her Dance Journey!

Actress and performer Delbar Arya, who has been making waves in the entertainment industry with her

Saturday, May 17, 2025
Amazon MX Player brings Pokemon to the dance floor with Malaika Arora in a creative collaboration for Realme Hip Hop India S2!

Realme Hip Hop India Season 2 streaming on Amazon MX Player has been on everyone’s watch-list

Saturday, May 17, 2025
ADVERTISEMENT
ADVERTISEMENT