https://www.taxtmi.com/caselaws?id=74369 Where an imported vehicle has suffered extensive accident damage and had already been used abroad for four years, customs depreciation may exceed the normal departmental allowance if the available material shows that the standard reduction does not adequately reflect the damage. The text notes that the car was not available for re-examination, but repair estimates supported substantial damage. On that basis, the additional 3% depreciation allowed by the lower authorities was found inadequate, and 60% depreciation was accepted for customs assessment purposes. en-us Wed, 25 Feb 1987 00:00:00 +0530 Wed, 08 Jun 2011 14:50:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74369 Where an imported vehicle has suffered extensive accident damage and had already been used abroad for four years, customs depreciation may exceed the normal departmental allowance if the available material shows that the standard reduction does not adequately reflect the damage. The text notes that the car was not available for re-examination, but repair estimates supported substantial damage. On that basis, the additional 3% depreciation allowed by the lower authorities was found inadequate, and 60% depreciation was accepted for customs assessment purposes. Case-Laws Customs Wed, 25 Feb 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74369