Supreme Court dismisses civil appeals on alleged under-valuation of vatted malted spirit The Supreme Court of India dismissed civil appeals in a case concerning alleged under-valuation of vatted malted spirit by an importer. The Department's ...
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Supreme Court dismisses civil appeals on alleged under-valuation of vatted malted spirit
The Supreme Court of India dismissed civil appeals in a case concerning alleged under-valuation of vatted malted spirit by an importer. The Department's claim for additional value was rejected due to lack of evidence supporting under-valuation.
The Supreme Court of India ruled on a case involving alleged under-valuation by an importer of vatted malted spirit. The Department claimed an additional lb1.56 lakhs should be added to the declared value of lb6.26 lakhs, but the Court found no evidence of under-valuation. The civil appeals filed by the Department were dismissed.
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