https://www.taxtmi.com/caselaws?id=116985 The Appellate Tribunal CESTAT, New Delhi, set aside the order for the valuation and confiscation of an imported second-hand photocopier machine under Section 111(d) of the Customs Act, 1962. The Tribunal found the valuation methodology flawed as the Commissioner failed to provide clarity on the manufacturer value and depreciation method used, rendering the order unsustainable. Additionally, the confiscation was deemed unsustainable as the goods were wrongly classified as non-capital goods, contrary to previous Tribunal decisions. Consequently, the appeals were allowed, and the order was set aside. en-us Wed, 13 Jul 2005 00:00:00 +0530 Tue, 19 Jun 2012 13:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116985 The Appellate Tribunal CESTAT, New Delhi, set aside the order for the valuation and confiscation of an imported second-hand photocopier machine under Section 111(d) of the Customs Act, 1962. The Tribunal found the valuation methodology flawed as the Commissioner failed to provide clarity on the manufacturer value and depreciation method used, rendering the order unsustainable. Additionally, the confiscation was deemed unsustainable as the goods were wrongly classified as non-capital goods, contrary to previous Tribunal decisions. Consequently, the appeals were allowed, and the order was set aside. Case-Laws Customs Wed, 13 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116985