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Luxury car import scam: Hyderabad dealer arrested in Rs. 7 crore customs fraud
A Hyderabad-based luxury car importer was arrested for evading over Rs. 7 crore in customs duties by undervaluing imported vehicles. This scheme involved multiple importers and luxury car models, with an estimated total duty evasion exceeding Rs. 25 crore. Hyderabad luxury car importer arrested for Rs. 7 crore customs evasion. The owner of Car Lounge, Basharath Ahmed Khan, imported eight luxury cars using forged documents and undervaluation, evading customs duties.05:34 PM May 15, 2025 IST