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Companies importing high-end furniture & gadgets from China under ED scanner: Report
short by Hiral / on Tuesday, 8 October, 2024
The ED is charging companies that imported high-end furniture, electronic goods, gadgets and leather items, for violation of anti-money laundering and forex rules, reported NDTV Profit. These companies allegedly under-invoiced imported goods to save taxes and sent the balance amount to the tune of ₹50,000 crore to China-based sellers through hawala syndicates in the last six months.
read more at NDTV Profit