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RE:RE:Why gov needs that money?
by Das on Jul 07, 2008 02:12 PM

Industrialist does not pay/buy ion their name. They import cars... in Company name and they show its a Comp use. This way they avoid taxes.
But end of the day its for their own use. This is the stupid GOVT policy and Corporates takes advantage of that.
Ex: Importing a Toyota Camry in Company name is Cheaper than the Buying the same in India.

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Imported aircraft: RIL, GMR evade tax