Yoga Guru Ramdev's firms evaded excise duty worth over Rs 20 crore
By PTI | Published: 04th October 2013 07:30 PM |
Central Excise sleuths raided the firms of yoga guru Ramdev and claimed to have detected evasion of excise duty of over Rs 200 millions.
The Excise officials raided the firms belonging to Ramdev in northern Indian state of Uttarakhand Thursday and found that they were not paying excise duty on a number of cosmetic products being manufactured by them, Deputy Commissioner (Central Excise) R P Singh said Friday.
Though the total liability of the firms in this regard is still being ascertained, it must run into over Rs 200-220 million, he said.
It was found that the firms were allegedly evading duty on a number of products like soaps, handwash and facewash for quite some time.
The department is preparing to send a notice to Pantajali Yogpeeth in this connection, he said.