https://www.taxtmi.com/caselaws?id=333315 Refurbished or re-conditioned spares of capital goods are treated as freely importable under the Foreign Trade Policy 2009-2014 when the prescribed conditions are met, including a Chartered Engineer certificate confirming at least 80% residual life of the original spare. On the hazardous waste issue, the goods could not be treated as restricted where the relevant environmental clarification and permission were already on record. In that setting, confiscation and penalty based on a contrary classification were unsustainable, and the impugned order was set aside. en-us Thu, 06 Oct 2016 00:00:00 +0530 Fri, 18 Aug 2017 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333315 Refurbished or re-conditioned spares of capital goods are treated as freely importable under the Foreign Trade Policy 2009-2014 when the prescribed conditions are met, including a Chartered Engineer certificate confirming at least 80% residual life of the original spare. On the hazardous waste issue, the goods could not be treated as restricted where the relevant environmental clarification and permission were already on record. In that setting, confiscation and penalty based on a contrary classification were unsustainable, and the impugned order was set aside. Case-Laws Customs Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333315