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Customs seize Greek vessel at Alang for under-invoicing
Times of India reports, Gujarat customs department seized a Greek vessel 'Syros' off Alang coast early on Thursday morning which was brought for salvaging. The vessel was imported by a Bhavnagar-based company at the Alang ship breaking yard. "After seizing the vessel, we found that the importer had under quoted the value of the vessel at Rs 27.36 cr which is less than Rs 2.2 crore than the original price. We have asked the company to pay up Rs 34 lakh differential duty," said a senior Bhavnagar customs department official. More to read at http://timesofindia.indiatimes.com/city/ahmedabad/Customs-seize-Greek-vessel-at-Alang-for-under-invoicing/articleshow/10012547.cms
Sold for scrapping
07/2011 sold to India for scrapping
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