Customs Duty Default in Olive Oil Imports : DRI

Economic Times Delhi; 8 December 2008
http://epaper.timesofindia.com/Repository/ml.asp?Ref=RVRELzIwMDgvMTIvMDgj
QXIwMTEwNg==&Mode=Gif&Locale=english-skin-custom

Health freaks may vouch for beneficial attributes of consuming virgin olive oil but for customs authorities it is hard to believe that the oil is edible.  The department of Revenue intelligence (DRI) has issued show cause notice to importers of the commodity for defaulting on custom duty payments.

Tax Break likely for Olive Oil Importers

Business Standard; 12 December 2008
http://www.business-standard.com/india/news/tax-break-likely-for-olive-oil-importers/01/26/342842/

The finance ministry will shortly issue a clarification, stating that olive oil imports will not attract any import duty. This follows summons issued by the ...

Fine food caught in yards of red tape

Mail Today E-Paper, 7 December 2008
http://mailtoday.in/7122008/Details.aspx?boxid=25149218&id=17980

We tend to blame politicians for everything that goes wrong in the country, but most problems, which the media doesn't even bother to report, are created by officials who are either stupid or pretend to be so. At least politicians have to contest elections, but officials are really the mai- baap

DRI revelation: Olive oil is not edible

DNA Daily News & Analysis; December 12, 2008  
http://www.dnaindia.com/report.asp?newsid=1213334

Are you fond of olive oil? Yes? Then be ready to pay more to see it on your dining table. Just when the olive oil importers were preparing to pass on the benefits of tax reduction to the consumers, the directorate of revenue intelligence (DRI) has issued them notice for tax evasion.

Row over virgin olive oil import duty

The Hindu Business Line 11 December 2008
http://www.thehindubusinessline.com/2008/12/11/stories/2008121150301700.htm

10 Imports of virgin olive oil have landed in a controversy with importers and Customs authorities engaged in a duel over the duty that will have to be paid for bringing this edible oil into the country.

Tax Break Likely for Olive Oil Importers

Olives101.com 10 December 2008
http://www.olives101.com/2008/12/10/tax-break-likely-for-indian-olive-oil-importers/

The finance ministry will shortly issue a clarification, stating that olive oil imports will not attract any import duty. This follows summons issued by the Directorate of Revenue Intelligence (DRI) to several olive oil importers, asking them to pay an additional 37.5 per cent customs duty on all imports made since April this year.