https://www.taxtmi.com/caselaws?id=107188 The Tribunal allowed the appeal, dismissing the duty demand of Rs. 2,71,022 imposed due to the valuation of a second-hand Water Extrusion Plant exceeding the permitted value under the EPCG License. The Tribunal held that subsequent imports and landing charges were incorrectly included in the assessment, emphasizing that only the Hydraulic Press import was in dispute and landing charges were covered by the free delivery agreement. The judgment stressed the need for accurate valuation in accordance with licensing terms and consideration of only relevant imports in assessments under Customs law. en-us Fri, 17 Jan 2003 00:00:00 +0530 Mon, 19 Mar 2012 13:43:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107188 The Tribunal allowed the appeal, dismissing the duty demand of Rs. 2,71,022 imposed due to the valuation of a second-hand Water Extrusion Plant exceeding the permitted value under the EPCG License. The Tribunal held that subsequent imports and landing charges were incorrectly included in the assessment, emphasizing that only the Hydraulic Press import was in dispute and landing charges were covered by the free delivery agreement. The judgment stressed the need for accurate valuation in accordance with licensing terms and consideration of only relevant imports in assessments under Customs law. Case-Laws Customs Fri, 17 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107188