https://www.taxtmi.com/caselaws?id=85082 An incorporated import policy appendix was held to remain fixed as it stood when the Import Trade Control Order was made, so a later executive amendment to the source policy did not alter the incorporated text. On that basis, import of Oxytetracycline HCL under open general licence was permissible and the objection to importability failed. The declared value was also accepted as close to the comparable import relied on, and the comparator involved a different manufacturer, so enhancement of assessable value was not justified. Once importability was upheld, confiscation, redemption fine, and penalties, including the bank manager's penalty, could not survive. The impugned order was set aside and relief granted to the appellants. en-us Fri, 01 Mar 1996 00:00:00 +0530 Tue, 02 Aug 2011 16:34:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85082 An incorporated import policy appendix was held to remain fixed as it stood when the Import Trade Control Order was made, so a later executive amendment to the source policy did not alter the incorporated text. On that basis, import of Oxytetracycline HCL under open general licence was permissible and the objection to importability failed. The declared value was also accepted as close to the comparable import relied on, and the comparator involved a different manufacturer, so enhancement of assessable value was not justified. Once importability was upheld, confiscation, redemption fine, and penalties, including the bank manager's penalty, could not survive. The impugned order was set aside and relief granted to the appellants. Case-Laws Customs Fri, 01 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85082