https://www.taxtmi.com/caselaws?id=449674 Contemporaneous purchase order, drawings, photographs and the supplier's certificate showed that the imported plastic injection moulds were made to specification and were not proved to be second hand goods. The Chartered Engineer's report was treated as only corroborative, because it lacked factual particulars and did not address the visible etching or alleged wear and tear. On that basis, denial of exemption under Notification No. 22/2013 and the EPCG scheme was not justified. The record also lacked a rational basis for rejecting the declared transaction value, so the enhancement of value, confiscation, redemption fine and penalty could not be sustained. en-us Fri, 16 Feb 2024 00:00:00 +0530 Wed, 21 Aug 2024 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449674 Contemporaneous purchase order, drawings, photographs and the supplier's certificate showed that the imported plastic injection moulds were made to specification and were not proved to be second hand goods. The Chartered Engineer's report was treated as only corroborative, because it lacked factual particulars and did not address the visible etching or alleged wear and tear. On that basis, denial of exemption under Notification No. 22/2013 and the EPCG scheme was not justified. The record also lacked a rational basis for rejecting the declared transaction value, so the enhancement of value, confiscation, redemption fine and penalty could not be sustained. Case-Laws Customs Fri, 16 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449674