Surat Exporter Arrested For Duty Evasion

Devendra Revawala of Revawala Exports was arrested on Friday for excise duty evasion to the tune of Rs 2.92 crore.

Later, the chief judicial magistrate released him on bail on a personal surety of Rs 2 lakh.

Recently the preventive branch of the Central Excise had raided Revawala Exports located at Sachin on the southern outskirts of Surat and detected duty evasion to the tune of Rs 2.92 crore.

After this, a case was filed against Revawala. The preventive branch raided his unit and arrested him on Friday.

Revawala was even granted 14 days remand in judicial custody before he filed a bail application.

The bail application was opposed by the Central Excise Preventive Branch Superintendent H A Patel on the grounds that in the past also Revawala was involved in duty evasion on four different occasions.

Revawala has been asked to deposit his passport and should not leave the country before taking the consent of the court.

Meanwhile, the Income Tax department has detected unaccounted income to the tune of Rs 1.5 crore after extensive surveys were carried out on three export oriented units (EOUs) in the textile segment. One of the EOUs was identified as Sangam Tex.