The action of the agency came on the basis of a Directorate of Revenue Intelligence investigation which had shown over invoicing in the imports between 2011-12 and 2014- 15.
Besides the jail term, the special court also imposed a fine of Rs 25 lakh on Koda and Rs one lakh on Gupta.
The judge had yesterday, however, acquitted four persons -- VISUL's Director Vaibhav Tulsyan, two public servants Basant Kumar Bhattacharya and Bipin Bihari Singh, and Chartered Accountant Navin Kumar Tulsyan -- of all charges.
The court was hearing a case related to alleged irregularities in the allocation of the Rajhara North coal block in Jharkhand to Kolkata-based firm Vini Iron and Steel Udyog Ltd.
Rahul Gandhi had, yesterday, termed GST as ‘Gabbar Singh Tax’ while addressing a rally atv the 'Navsarjan Janadesh Mahasammelan' in Gujarat's Gandhinagar.
A CBI court on Monday granted bail to industrialist and former Congress parliamentarian Naveen Jindal, along with three others in a case related to the allocation of a coal block in Madhya Pradesh
The apex court's order came on a batch of pleas which have placed the issue of whether the Delhi High Court can entertain the challenge to the order passed by special court during pendency of trial in coal cases.
The case pertains to allocation of Amarkonda Murgadangal coal block in Jharkhand.
Industrialist and former parliamentarian Naveen Jindal and others were today summoned by a special court here as accused in a case related to the allocation of a coal block in Madhya Pradesh after it took cognisance of a CBI charge sheet
Former Coal secretary H C Gupta was today awarded a two-year imprisonment by a special court here in a coal scam case.
Former PM Manmohan Singh had no reason to presume that then Coal Secretary HC Gupta recommended a non-compliant private firm for coal block allocation in Madhya Pradesh, a special court has said.
A special court in Delhi today convicted former Coal secretary H C Gupta and two others in a coal scam case.
Ray was Minister of State for Coal in the Atal Bihari Vajpayee government.
CBI today filed an FIR under against its former director Ranjit Sinha to probe accusations that he tried to influence the probe into coal block allocation scam during his tenure as head of the agency.
The CBI has filed a supplementary chargesheet naming five more persons as accused in a coal scam case against Congress leader and industrialist Naveen Jindal and others.
A special court today granted bail to former Coal secretary HC Gupta in connection with a case related to alleged irregularities in allocation of a Chhattisgarh-based coal block to SKS Ispat and Power Ltd (SIPL).
former CBI director Ranjit Sinha said that the apex court is adopting “double standards” in judging entries in two sets of controversial diaries.
The Supreme Court is likely to pronounce its order today on whether Ranjit Sinha, as CBI Director, tired to influence the investigations into the multi-crore coal bloc allocation scam.
A special court today framed various charges including cheating and criminal conspiracy against former coal secretary HC Gupta, two public servants, private firm Vikash Metals and Power Ltd and its two officials in a coal blocks allocation scam case.