1. A businessman was recently caught by customs officials at the airport for trying to evade duty on a luxury watch.
  2. 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.
  3. 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.
  4. 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.
  5. The businessman, who works in the scrap business, eventually agreed to pay the duty of Rs 18.57 lakh to avoid any legal consequences.
  6. 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.
  7. 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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