Be-car Suneil Shetty asked to pay up

Be-car Suneil Shetty asked to pay up
Saturday, October 29, 2005 16:33 IST
By Santa Banta News Network
Bollywood actor Suniel Shetty will have to pay 100 per cent duty to drive out in his new prized possession, a Hummer SUV, which has been given the red signal by the revenue intelligence agency.

According to Directorate of Revenue Intelligence (DRI) sources, Shetty can secure the release of his car, the civilan version of the Humvee used by the US army, if he pays up.

The actor will be required to sign a security bond and pay 25 per cent of the value of his SUV, now parked in the DRI premises after it was seized during a raid on Tuesday.

There have been no other raids here on any actors, the sources said.

The bond amount will be the exact value of the Hummer, the sources said adding Shetty has not approached DRI seeking its release.

A Delhi businessman, whose two BMWs were seized in Tuesday's raid, however wants to pay the duty, the sources said.

The Hummer was imported by Shetty in July while the BMWs were imported in May under the Export Promotion Capital Goods Scheme.

The three vehicles were imported after under the scheme with a 100 per cent duty exemption after paying only 5 per cent of the duty.

"This exemption was not available for importing cars. The 100 per cent duty will have to be paid," said a senior DRI official.

Under the Customs Manual, seized goods other than those on the prohibited list can be released if their owners pay the duty.

Even after the duty is paid, it could be a long time before the case for violation of import laws is decided by the adjudicating authority, the revenue department. The owner of the car could go the Customs Tribunal and even the Supreme Court against the tribunal's order. The adjudication, a quasi-judicial function, is conducted by the Commissioner of Customs.
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