https://www.taxtmi.com/caselaws?id=110996 Goods manufactured years earlier are not second-hand goods merely because of age; that legal description depends on the nature and condition of the goods, not the time of manufacture. On the facts discussed, the only assessment issue was valuation, and no violation of the import policy had arisen at that stage. The Exim Policy 1997-2002 restriction requiring a specific import licence therefore did not apply, because old goods are not automatically treated as second-hand goods unless they clearly answer that description in law. The importer's clearance was sustained and the Revenue's new appellate objection was rejected as lacking merit. en-us Tue, 09 Mar 2004 00:00:00 +0530 Thu, 19 Apr 2012 15:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110996 Goods manufactured years earlier are not second-hand goods merely because of age; that legal description depends on the nature and condition of the goods, not the time of manufacture. On the facts discussed, the only assessment issue was valuation, and no violation of the import policy had arisen at that stage. The Exim Policy 1997-2002 restriction requiring a specific import licence therefore did not apply, because old goods are not automatically treated as second-hand goods unless they clearly answer that description in law. The importer's clearance was sustained and the Revenue's new appellate objection was rejected as lacking merit. Case-Laws Customs Tue, 09 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110996