2010 (2) TMI 73

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..... nied having purchased soap from the petitioner. Inference drawn was that the imported crude palm oil was not used for manufacture of soap but was diverted to open market and benefit of concessional rate of customs duty was misused – held that – argued that petitioner is not in a position to pay any amount in order to show its bonafides - In view of finding about liability of the petitioner, which .....

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..... ound that 60% sale of soap was on cash sale basis and only 10 buyers were located who also denied having purchased soap from the petitioner. Inference drawn was that the imported crude palm oil was not used for manufacture of soap but was diverted to open market and benefit of concessional rate of customs duty was misused. Having regard to facts and circumstances of the case, the Tribunal declined .....

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