https://www.taxtmi.com/caselaws?id=338349 Classification of imported old and used tyres depended on their condition at the time of import and clearance: tyres usable as such in the relevant vehicle categories were treated under the restricted tariff headings, while tyres requiring repair or retreading and not usable in that condition fell under the residual heading for other goods. After rejection of transaction value, the valuation exercise was found incomplete because the supporting market inquiry and related material required further corroboration, so the matter was remanded for de novo adjudication. Penalties and redemption fine were also remanded for fresh consideration in light of the classification, usability of the goods, and the extent of the import policy violation. en-us Wed, 25 Jan 2017 00:00:00 +0530 Fri, 10 Nov 2017 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338349 Classification of imported old and used tyres depended on their condition at the time of import and clearance: tyres usable as such in the relevant vehicle categories were treated under the restricted tariff headings, while tyres requiring repair or retreading and not usable in that condition fell under the residual heading for other goods. After rejection of transaction value, the valuation exercise was found incomplete because the supporting market inquiry and related material required further corroboration, so the matter was remanded for de novo adjudication. Penalties and redemption fine were also remanded for fresh consideration in light of the classification, usability of the goods, and the extent of the import policy violation. Case-Laws Customs Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338349