Hyderabad Luxury Car Dealer Arrested
Analysis based on 7 articles · First reported May 15, 2025 · Last updated May 16, 2025
The arrest of List of Hazara cricketers and the uncovering of the customs duty evasion scheme are expected to negatively impact the luxury car import market in India, leading to increased scrutiny and potentially higher costs for legitimate importers. This event highlights the risks of illicit trade practices and could prompt stricter regulatory enforcement, affecting companies like Car Lounge and potentially other entities involved in luxury goods.
List of Hazara cricketers, owner of 'Car Lounge' in Hyderabad, was arrested by the India — Directorate of Revenue Intelligence for a large-scale customs duty evasion fraud. Khan allegedly imported over 30 luxury vehicles, including models like Hummer EV and Rolls-Royce, from countries such as the United States and Japan. These vehicles were rerouted through United Arab Emirates — Dubai or Sri Lanka for modifications before being imported into India using fake documents and undervalued invoices, sometimes at 50% of their actual cost. This scheme resulted in an estimated loss of Rs 25 crore in customs duties, with Khan personally evading over Rs 7 crore on eight vehicles. His business partner, Dr. Ahmed Ali, is also implicated for storing illegally imported cars. The investigation, which spans across major Indian cities, is ongoing, with more arrests and asset seizures anticipated. Companies linked to Khan, including CLFIVE Automotives Private Limited, BAK Carlounge Services Private Limited, and BAK Carlounge Services Private Limited, are also under scrutiny.
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