Review of declared price without any evidence that price is influenced is unsustainable

Krishak Bharti Co Operative Limited Vs C.C.-Kandla (CESTAT Ahmedabad) CESTAT Ahmedabad held that review of declared price without any evidence, to the effect that relation has influenced the declared price or to the effect that there was flow back of money from importer to related supplier, is unsustainable in law. Facts- The issue involved in the present case is that whether there is a relationship between Oman India Fertilizer Company LLC (OMIFCO) and Krishak Bharti Co Operative Limited (KRIBHCO), the appellant and Government of India and due to this alleged relationship whether the import p...