Court Remands Case on 10.5% Loading in Goods Valuation Due to Unverified Related Supplier Data.

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....Valuation of imported goods - loading of 10.5% to the assessable value - they had furnished the value of goods imported from the related supplier as also the value of those from unrelated suppliers and, for each year between 2012-13 and 2015-16, ranged from 44.42% to 45.07% despite which the first appellate authority has, by referring to ₹ 9.80 crores of import from related suppliers, held those to be 87.5% of the procurement. - The decision of the first appellate authority has been based on foundations which remain unverifiable and is of indeterminate origin. - Matter restored back. - AT....