https://www.taxtmi.com/caselaws?id=186280 Customs valuation of second-hand photocopiers had to rest on tangible evidence, and the mere fact that used goods are often enhanced was insufficient to reject transaction value; the value enhancement was therefore set aside. Confiscation for importing the goods without a licence and contrary to the Foreign Trade Policy remained justified, but the redemption fine and penalty were reduced because the amounts had to be proportionate to the circumstances and the commercial burden of detention, demurrage, legal expenses, and interest. The final result was that the appeals succeeded only in deleting the valuation enhancement and moderating the monetary consequences, while the confiscation and liability in principle remained intact. en-us Wed, 15 Oct 2014 00:00:00 +0530 Tue, 13 Sep 2016 14:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186280 Customs valuation of second-hand photocopiers had to rest on tangible evidence, and the mere fact that used goods are often enhanced was insufficient to reject transaction value; the value enhancement was therefore set aside. Confiscation for importing the goods without a licence and contrary to the Foreign Trade Policy remained justified, but the redemption fine and penalty were reduced because the amounts had to be proportionate to the circumstances and the commercial burden of detention, demurrage, legal expenses, and interest. The final result was that the appeals succeeded only in deleting the valuation enhancement and moderating the monetary consequences, while the confiscation and liability in principle remained intact. Case-Laws Customs Wed, 15 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186280