https://www.taxtmi.com/caselaws?id=155292 Imported used pipes were examined under the Foreign Trade Policy, and confiscation was upheld because the goods were brought in without the required licence and did not fall within the relied-upon policy permission for free import of second-hand capital goods, refurbished or reconditioned spares. The enhanced valuation was not challenged, so it remained undisturbed. However, because the pipes had been used by the importer for drilling, the redemption fine and penalty were found excessive and were reduced. The decision therefore sustained confiscation and the enhanced value, while granting relief only on the monetary consequences. en-us Thu, 10 Dec 2009 00:00:00 +0530 Tue, 03 Sep 2013 10:57:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155292 Imported used pipes were examined under the Foreign Trade Policy, and confiscation was upheld because the goods were brought in without the required licence and did not fall within the relied-upon policy permission for free import of second-hand capital goods, refurbished or reconditioned spares. The enhanced valuation was not challenged, so it remained undisturbed. However, because the pipes had been used by the importer for drilling, the redemption fine and penalty were found excessive and were reduced. The decision therefore sustained confiscation and the enhanced value, while granting relief only on the monetary consequences. Case-Laws Customs Thu, 10 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155292