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Ahmedabad firm indicted for cheating Rs 20cr duty

| | New Delhi
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Ahmedabad firm indicted for cheating Rs 20cr duty

Wednesday, 22 January 2020 | PNS | New Delhi

The CBI has booked a former Directorate General of Foreign Trade (DGFT) Joint Director along with directors of a Ahmedabad-based private company in a case of corruption and cheating the exchequer of over Rs 20.26 crore through fraudulent claim of terminal excise duty in 2014-15.

 According to the FIR registered on January 18, action has been taken against A K Singh, the former DGFT Joint Director, Ahmedabad and Mohit Kumar Goel, Ankur Aggarwal and Nand Kishore Aggarwal -- all directors of Ahmedabad -based Crystal Crop Protection Pvt. Ltd.

As per the requirements of the Prevention of Corruption Act, the CBI had sought sanction from the Commerce Ministry before proceeding against the officer. The sanction was granted by the Ministry on July 15, 2019.

Besides slapping the Prevention of Corruption Act, the agency has also charged them under the Indian Penal Code Sections relating to cheating and criminal conspiracy.

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