Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: form 3cd :: VAT RATES :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: VAT Audit :: ACCOUNTING STANDARD :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: TDS :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: empanelment
Customs and Excise »
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports
 Migration to GST of existing Central Excise / Service Tax Assessees
 Rate of exchange of conversion of the foreign currency with effect from 3rd February, 2017
 Budgetary Changes In Customs
 Customs and excise officials upset with GST administration deal with states
 Higher petro excise props up govt tax kitty

Chennai Customs officials raided
January, 07th 2012

The Central Bureau of Investigation registered a case against some officials of the Chennai Customs and recovered assets worth Rs 1.57 crore in searches conducted at four places, including the residences of two Deputy Commissioners of Customs.

The CBI in a statement said that the Anti- Corruption Branch registered a case against the customs officials and others for offences under IPC Sections 120-B, 420 and Sections under Prevention of Corruption Act.

Officials said the case was registered based on allegations that the officials conspired with a private firm based in Chennai and others to get fraudulent claims of refund sanctioned. They were made by the firm during May-June 2011.
Officials had issued cheques to the firm for Rs? 1.19 crore. This caused a loss to the Customs department and a corresponding gain to the firm.

Sleuths of the Anti-Corruption Bureau of the CBI conducted searches on Thursday at four places, including the residential premises of M Premkumar, Deputy Commissioner of Customs, Legal/Record/Communications, Chennai, and Rangaswamy, Deputy Commissioner of Customs, Chennai, and the business premises of the private firm.

Officials said apart from several incriminating documents that the CBI team seized, huge amounts of cash, gold jewellery and fixed deposit receipts to the tune of Rs 1.57 crores were recovered.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Mission

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions