SC dismisses Customs’ appeal against Adani subsidiaries
In a shot in the arm for the Adani group, the Supreme Court has dismissed the appeal filed by the Customs department against its subsidiaries – Adani Power Maharashtra Ltd and Adani Power Rajasthan Ltd — in a case of alleged over-invoicing of imported goods.
A bench of Justices Krishna Murari and Sanjay Carol which heard the two sides in detail Monday said it found no reason to interfere with the finding of facts by the authorities below.
“We have heard Mr. Balbir Singh, learned Additional Solicitor General appearing for the appellant(s) and Mr. Mukul Rohatgi, learned senior counsel appearing for the respondents at length.
