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During the course of inquiries, it was found that exported quantity was more than the quantity on which royalty was paid and there was underreporting of quantity while exporting. In many instances, the export proceeds were not realised in the declared bank accounts, thereby, indicating that the export proceeds are received through channels other than banking. Representational Image/DC

Granite export from Karimnagar: ED grills more suspects

The companies exported rough granite blocks to China, Hong Kong, and other countries

22 Nov 2022 10:09 AM IST