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SC junks review plea by customs on alleged overvaluation in import of capital goods by Adani firms

The Supreme Court has dismissed a review plea filed by the customs department against Adani Power Maharashtra Limited (APML), Adani Power Rajasthan Limited (APRL) and others in a case pertaining to alleged overvaluation of imported goods. A bench of Chief Justice D Y Chandrachud and Justice Sanjay Karol said there was no error apparent on the face of the record.

Adani companies: Supreme Court rejects customs review plea on imports overvaluation allegations against Adani companies

While the review petition was dismissed on November 23 last year, the order in this regard was uploaded on the court s website earlier this week. The customs department had sought review of the top court s March 27, 2023 judgment that rejected its allegations against the Adani firms and upheld the Customs Excise and Service Tax Appellate Tribunal s findings that there was no overvaluation in the import of capital goods by the firms and the allegations had not been established.

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