https://www.taxtmi.com/caselaws?id=352135 Second-hand photocopying machines imported for service-sector use under the Foreign Trade Policy 2004-09 were treated as freely importable capital goods, not restricted consumer goods, because the relevant policy permitted second-hand capital goods during the material period and the later restriction operated only prospectively. DGFT circulars could not reclassify those imports or impose a restriction, since amendment of the Foreign Trade Policy lay exclusively with the Central Government under the governing statute. The challenge to the imports therefore failed, and the policy position in favour of the assessee remained intact. en-us Fri, 10 Nov 2017 00:00:00 +0530 Thu, 07 Dec 2017 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352135 Second-hand photocopying machines imported for service-sector use under the Foreign Trade Policy 2004-09 were treated as freely importable capital goods, not restricted consumer goods, because the relevant policy permitted second-hand capital goods during the material period and the later restriction operated only prospectively. DGFT circulars could not reclassify those imports or impose a restriction, since amendment of the Foreign Trade Policy lay exclusively with the Central Government under the governing statute. The challenge to the imports therefore failed, and the policy position in favour of the assessee remained intact. Case-Laws Customs Fri, 10 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352135