https://www.taxtmi.com/caselaws?id=203984 A vehicle registered for use abroad before import into India was treated as a second-hand vehicle, because prior foreign registration and absence of proof of non-use supported used-car classification. The declared transaction value was accepted, as rejection based only on comparison with another used import from a different country was not a reliable basis for valuing second-hand goods, especially where conversion costs differed. Confiscation under Section 111(d) of the Customs Act was sustained for import without the required licence, but confiscation under Section 111(m) failed once misdeclaration was not established; the redemption fine and penalty were reduced, and the classification question was remanded for fresh decision with expert opinion. en-us Thu, 07 Oct 2010 00:00:00 +0530 Thu, 16 Jun 2011 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203984 A vehicle registered for use abroad before import into India was treated as a second-hand vehicle, because prior foreign registration and absence of proof of non-use supported used-car classification. The declared transaction value was accepted, as rejection based only on comparison with another used import from a different country was not a reliable basis for valuing second-hand goods, especially where conversion costs differed. Confiscation under Section 111(d) of the Customs Act was sustained for import without the required licence, but confiscation under Section 111(m) failed once misdeclaration was not established; the redemption fine and penalty were reduced, and the classification question was remanded for fresh decision with expert opinion. Case-Laws Customs Thu, 07 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203984