https://www.taxtmi.com/caselaws?id=112790 Imported second-hand reconditioned radial piston pumps required for an extrusion press were treated as capital goods under Para 25 of the Export Import Policy, 1992-1997, because they were indirectly used in manufacture and formed an integral, inseparable part of the plant. The pump was also regarded as a complete article classifiable under Heading 8413.19. On that basis, import without a licence was permissible, and the confiscation and penalty were set aside in favour of the assessee. en-us Thu, 13 Nov 2003 00:00:00 +0530 Tue, 01 May 2012 17:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112790 Imported second-hand reconditioned radial piston pumps required for an extrusion press were treated as capital goods under Para 25 of the Export Import Policy, 1992-1997, because they were indirectly used in manufacture and formed an integral, inseparable part of the plant. The pump was also regarded as a complete article classifiable under Heading 8413.19. On that basis, import without a licence was permissible, and the confiscation and penalty were set aside in favour of the assessee. Case-Laws Customs Thu, 13 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112790