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<h1>India's Supreme Court Upholds Valuation Method for Imported Second-Hand Machines, Dismisses Appeal.</h1> The SC of India dismissed the appeal concerning the valuation of imported second-hand machines. The Court upheld the method of determining value based on ... Valuation (Customs) The Supreme Court of India dismissed the appeal regarding valuation of imported second-hand machines. The Court found the method of ascertaining value based on certificate and depreciation not arbitrary. The appeal was dismissed with no order as to costs.