- A businessman was recently caught by customs officials at the airport for trying to evade duty on a luxury watch.
- The businessman had attempted to bring in a brand new 2024 series Rolex Sky-Dweller Oyster Perpetual Superlative Chronometer, valued at a whopping Rs 48.24 lakh.
- Customs officials were able to identify the watch using its serial number and discovered that the businessman had not paid the required duty on it.
- After further inspection, it was found that the businessman had the invoice for the watch in his luggage, confirming that he was attempting to evade duty.
- The businessman, who works in the scrap business, eventually agreed to pay the duty of Rs 18.57 lakh to avoid any legal consequences.
- Once the duty was paid, the watch was returned to the businessman along with an official Customs certificate, allowing him to leave the airport without any further issues.
- This incident serves as a reminder that attempting to evade customs duty on luxury items can have serious consequences and it is always best to comply with the law.
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