https://www.taxtmi.com/caselaws?id=170430 Prior foreign registration of a car imported under carnet arrangements does not, by itself, make the vehicle used or second-hand when the record shows it was not actually put to use before shipment and the registration served only transportation purposes. The tribunal relied on the Board's circular and earlier identical tribunal reasoning to hold that prior registration alone was insufficient to deny treatment as a new car. On the valuation and penalty side, accepted declared value and discharged duty liability supported reduction of the redemption fine and penalty. en-us Thu, 23 Sep 2010 00:00:00 +0530 Wed, 27 May 2015 15:53:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170430 Prior foreign registration of a car imported under carnet arrangements does not, by itself, make the vehicle used or second-hand when the record shows it was not actually put to use before shipment and the registration served only transportation purposes. The tribunal relied on the Board's circular and earlier identical tribunal reasoning to hold that prior registration alone was insufficient to deny treatment as a new car. On the valuation and penalty side, accepted declared value and discharged duty liability supported reduction of the redemption fine and penalty. Case-Laws Customs Thu, 23 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170430