How to provide prevailing Indian market prices to courts?
Querist :
Anonymous
(Querist) 20 December 2010
This query is : Open
Dear Experts,
How to provide prevailing Indian market prices of legal firearms to the court, i.e. source or method to obtain the prices which will be accepted by court as authentic prices/evidence?
Since around 1986 government had put import of firearms by arms license holders on restricted list of EXIM policy, because of this the prices of old pre-1986 foreign made firearms are selling in lakhs of Rupees per piece. For example a .357 Magnum Desert Eagle pistol is said to be sold around Rs 30-35 lakhs. But a similar old .357 Magnum Desert Eagle pistols in international market are selling around only $600-$1100. Probably no licensed firearms dealer will give prices of these firearms in writing, probably because most of these transactions, like real estate transactions are shown on papers, at prices lower than the actual prices at which transactions takes place.
