M/S GMR ENERGY LTD. vs. COMMR.OF CUSTOMS,BANGALORE
C.A. No.-004920-004920 - 2007Supreme Court27 Oct 2015
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In view of the evidences discussed in this notice,
the declared values require to be rejected; and the
same cannot be accepted as representing the true
transaction values under Rule 4 of the Customs
Valuation Rules, 1988.”
4.
The customs duty was said to be evaded to the tune of
approximately 4.20 crores. Goods were said to be liable