https://www.taxtmi.com/caselaws?id=121709 Second hand networking and teleconferencing equipment used for providing technical support and related services was treated as capital goods under the import policy because the definition extended to plant, machinery, equipment and accessories required for rendering services. On that basis, the goods were regarded as freely importable without a licence, and confiscation and redemption fine were not sustainable. The valuation enhancement by corrigendum was also found invalid because it was issued without a show cause notice and without supporting discussion in the adjudication order. Transaction value could not be rejected without compliance with the valuation rules and the prescribed procedure. en-us Mon, 07 May 2007 00:00:00 +0530 Wed, 01 Aug 2012 16:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121709 Second hand networking and teleconferencing equipment used for providing technical support and related services was treated as capital goods under the import policy because the definition extended to plant, machinery, equipment and accessories required for rendering services. On that basis, the goods were regarded as freely importable without a licence, and confiscation and redemption fine were not sustainable. The valuation enhancement by corrigendum was also found invalid because it was issued without a show cause notice and without supporting discussion in the adjudication order. Transaction value could not be rejected without compliance with the valuation rules and the prescribed procedure. Case-Laws Customs Mon, 07 May 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121709