2017 (1) TMI 204

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..... der-in-original has categorically recorded that the holding of 60% of the shares in the appellant Company by the foreign Company has not influenced the price/value of the imported goods. First appellate authority has not recorded the detailed findings as to how the price has been influenced due to the relationship between the foreign supplier and appellant - the impugned order is short of detailed .....

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..... 8.2016 which was adjourned to 21.09.2016 for reason that none appeared for appellant. As there was no Division Bench on 21.09.2016, the matter was adjourned to 03.10.2016 on which date learned Advocate for the appellant was present in the Court but the matter could not be taken up for disposal due to paucity of time and the matter was adjourned to 13.10.2016. When the matter was called out on 13.1 .....

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..... rder-in-original has categorically recorded that the holding of 60% of the shares in the appellant Company by the foreign Company has not influenced the price/value of the imported goods. In our view first appellate authority has not recorded the detailed findings as to how the price has been influenced due to the relationship between the foreign supplier and appellant. In view of this we hold tha .....

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