https://www.taxtmi.com/news?id=1247 Supreme Court affirmed a departmental duty demand arising from undervaluation and misdeclaration in imports of Concentrates of Alcoholic Beverages (CABs) by a major importer, sustaining findings that CABs were imported at suppressed related party prices and that bills of entry showed overwriting and quantity misdeclaration; the demand followed a DRI investigation, two show cause notices, adjudication, appellate proceedings, and final confirmation. en-us Thu, 09 Sep 2010 21:48:00 +0530 Thu, 09 Sep 2010 22:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1247 Supreme Court affirmed a departmental duty demand arising from undervaluation and misdeclaration in imports of Concentrates of Alcoholic Beverages (CABs) by a major importer, sustaining findings that CABs were imported at suppressed related party prices and that bills of entry showed overwriting and quantity misdeclaration; the demand followed a DRI investigation, two show cause notices, adjudication, appellate proceedings, and final confirmation. News - Thu, 09 Sep 2010 21:48:00 +0530 https://www.taxtmi.com/news?id=1247