https://www.taxtmi.com/caselaws?id=444901 Import of old and used digital multi-function printers under a Bill of Lading dated before 28.02.2013 did not require a specific import licence or prior clearance from the Ministry of Environment and Forests, because the goods were not restricted on the relevant date. The declared value also could not be treated as misdeclared merely because it was enhanced on the basis of a Chartered Engineer's certificate, in the absence of corroborative evidence. On that reasoning, confiscation and penalty were held unsustainable and were set aside. en-us Wed, 18 Oct 2023 00:00:00 +0530 Thu, 26 Oct 2023 07:28:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444901 Import of old and used digital multi-function printers under a Bill of Lading dated before 28.02.2013 did not require a specific import licence or prior clearance from the Ministry of Environment and Forests, because the goods were not restricted on the relevant date. The declared value also could not be treated as misdeclared merely because it was enhanced on the basis of a Chartered Engineer's certificate, in the absence of corroborative evidence. On that reasoning, confiscation and penalty were held unsustainable and were set aside. Case-Laws Customs Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444901