https://www.taxtmi.com/caselaws?id=753536 Imported second-hand specialised equipment was directed to be released on payment of duty assessed on the enhanced value in the Chartered Engineer's reports, with the petitioners having accepted that basis for provisional release. The amendment to paragraph 2.31 of the Foreign Trade Policy, 2023 was held not to alter the entitlement to that relief. The earlier release orders were followed, while the department was left free to continue adjudicatory proceedings in accordance with law after giving a fair and reasonable opportunity. en-us Fri, 24 May 2024 00:00:00 +0530 Wed, 05 Jun 2024 08:15:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753536 Imported second-hand specialised equipment was directed to be released on payment of duty assessed on the enhanced value in the Chartered Engineer's reports, with the petitioners having accepted that basis for provisional release. The amendment to paragraph 2.31 of the Foreign Trade Policy, 2023 was held not to alter the entitlement to that relief. The earlier release orders were followed, while the department was left free to continue adjudicatory proceedings in accordance with law after giving a fair and reasonable opportunity. Case-Laws Customs Fri, 24 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753536