India, May 16 -- The Directorate of Revenue Intelligence (DRI) arrested a Hyderabad-based luxury car dealer, Basharat Khan, from Gujarat on Thursday for his alleged involvement in customs duty evasion fraud related to import of high-end vehicles.

The arrest came after DRI detected a customs duty evasion of more than Rs.25 crore.

Khan, the owner of 'Car Lounge' showroom, as per a NDTV report, had a key role in generating undervalued receipts for luxury cars imported from abroad.

DRI officials reportedly said that in some cases, Khan reduced the value of the high-end cars by nearly 50 per cent of their actual price. He used fake documents and invoices with undervalued price to avoid paying high customs duties.

These luxury cars would fi...