https://www.taxtmi.com/caselaws?id=30725 For customs classification, a machine qualifies as an ATM if it provides automated cash dispensing together with deposit-related and balance-enquiry functions without direct contact with bank personnel. A model lacking any cash or cheque depository facility is only an automatic cash dispenser and does not meet the ATM description, so exemption for imported components is unavailable. Where the machine has cash and cheque collection facilities and performs the required automated banking functions, the absence of immediate manual crediting does not disqualify it as an ATM, and exemption under Notification No. 25/2005-Cus. applies. en-us Wed, 14 May 2008 00:00:00 +0530 Thu, 18 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30725 For customs classification, a machine qualifies as an ATM if it provides automated cash dispensing together with deposit-related and balance-enquiry functions without direct contact with bank personnel. A model lacking any cash or cheque depository facility is only an automatic cash dispenser and does not meet the ATM description, so exemption for imported components is unavailable. Where the machine has cash and cheque collection facilities and performs the required automated banking functions, the absence of immediate manual crediting does not disqualify it as an ATM, and exemption under Notification No. 25/2005-Cus. applies. Case-Laws Customs Wed, 14 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30725