Customs case: Singhania-led Raymond Group pays Rs 328-crore penalty – ET Retail
Gautam Singhania, Managing Director Raymond The Gautam Singhania-led Raymond Group settled a case of alleged customs duty evasion filed by the Directorate of Revenue Intelligence (DRI) over the import of 142 cars by paying ₹328 crore. The amount paid by Raymond Group unit JK Investors (Bombay) Ltd is inclusive of differential duty along with interest…