https://www.taxtmi.com/caselaws?id=1375 Metal goods capable of use only after reconditioning, replacement of parts, fitment of missing parts, or overhauling do not fall within the definition of waste and scrap under Section Note 8(a) of Section XV of the Customs Tariff Act. On that basis, diesel engines imported with iron scrap could not be treated as scrap, and declaring the consignment as iron scrap amounted to misdeclaration of description and value. The accompanying concealment of engines within genuine scrap also supported confiscation of both the engines and the scrap, with redemption fine and penalty treated as sustainable in the stated circumstances. en-us Fri, 19 Jan 2007 00:00:00 +0530 Mon, 14 Apr 2008 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1375 Metal goods capable of use only after reconditioning, replacement of parts, fitment of missing parts, or overhauling do not fall within the definition of waste and scrap under Section Note 8(a) of Section XV of the Customs Tariff Act. On that basis, diesel engines imported with iron scrap could not be treated as scrap, and declaring the consignment as iron scrap amounted to misdeclaration of description and value. The accompanying concealment of engines within genuine scrap also supported confiscation of both the engines and the scrap, with redemption fine and penalty treated as sustainable in the stated circumstances. Case-Laws Customs Fri, 19 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1375