M/S GMR ENERGY LTD. vs. COMMR.OF CUSTOMS,BANGALORE
C.A. No.-004920-004920 - 2007Supreme Court27 Oct 2015
13.
We will, therefore, have to proceed on the footing that Rule 8
alone applies, and that the best judgment assessment made by
the Commissioner would have to be reasonable and not arbitrary.
14.
We find that the basis of the Commissioner’s order as well as
the Tribunal’s order is clause 2.8 of the LTAPSA