India, May 26 -- The Mumbai unit of the Directorate of Revenue Intelligence (DRI) on Saturday arrested the director of a Nashik-based company for allegedly mis-declaring imported nutrition products worth Rs.54 crore to evade customs duty of Rs.9 crore. The products were imported from China, sources said.

The accused was intercepted at Mumbai international airport upon arrival from Barcelona, Spain. He was subsequently produced before a city magistrate's court on Sunday and remanded to judicial custody till June 6.

The DRI initiated its investigation following specific intelligence that the company was falsely declaring imported nutritional supplements-such as Pea Protein and Collagen Peptides-as Glycine, a relatively low-value amino aci...