https://www.taxtmi.com/caselaws?id=91864 Imported used computers should be valued by reference to their own characteristics and rapid obsolescence, rather than by automatically applying depreciation norms designed for ordinary machinery, and the assessment method must be reconsidered accordingly. The note also states that eligibility to import such computers as capital goods for use in a service industry depends on the applicable import policy and the relevant facts, so that issue too requires fresh examination. On that basis, both valuation and import eligibility were sent back for reconsideration. en-us Tue, 22 Jun 1999 00:00:00 +0530 Fri, 21 Oct 2011 15:36:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91864 Imported used computers should be valued by reference to their own characteristics and rapid obsolescence, rather than by automatically applying depreciation norms designed for ordinary machinery, and the assessment method must be reconsidered accordingly. The note also states that eligibility to import such computers as capital goods for use in a service industry depends on the applicable import policy and the relevant facts, so that issue too requires fresh examination. On that basis, both valuation and import eligibility were sent back for reconsideration. Case-Laws Customs Tue, 22 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91864