https://www.taxtmi.com/caselaws?id=428225 Second-hand office furniture and equipment imported as part of a complete used stainless steel tube manufacturing plant fell within the inclusive scope of "capital goods" under the Foreign Trade Policy because they formed part of the plant and had an admitted direct or indirect nexus with manufacture. On that basis, the import was treated as permissible and freely importable, rather than restricted second-hand goods. Since the import was in accordance with the policy, confiscation under the Customs Act was not justified, and the redemption fine and penalty could not survive once confiscation failed. en-us Fri, 23 Sep 2022 00:00:00 +0530 Tue, 27 Sep 2022 07:17:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428225 Second-hand office furniture and equipment imported as part of a complete used stainless steel tube manufacturing plant fell within the inclusive scope of "capital goods" under the Foreign Trade Policy because they formed part of the plant and had an admitted direct or indirect nexus with manufacture. On that basis, the import was treated as permissible and freely importable, rather than restricted second-hand goods. Since the import was in accordance with the policy, confiscation under the Customs Act was not justified, and the redemption fine and penalty could not survive once confiscation failed. Case-Laws Customs Fri, 23 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428225