https://www.taxtmi.com/caselaws?id=761031 Imported e-rickshaw parts were held not to possess the essential character of a complete e-rickshaw, so Rule 2(a) of the General Rules for Interpretation did not justify classification as CKD e-rickshaws. The analysis emphasised that Rule 2(a) applies only where the incomplete or unassembled goods already contain the essential components of the finished article, which was absent here, including the battery-powered propulsion component. The declared value was also rejected without compliance with valuation procedure or evidence-based reasons. In the absence of proved misdeclaration of description, classification, or value, the enhancement of value, confiscation, redemption fine, and penalty were found unsustainable. en-us Tue, 08 Oct 2024 00:00:00 +0530 Tue, 29 Oct 2024 18:05:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761031 Imported e-rickshaw parts were held not to possess the essential character of a complete e-rickshaw, so Rule 2(a) of the General Rules for Interpretation did not justify classification as CKD e-rickshaws. The analysis emphasised that Rule 2(a) applies only where the incomplete or unassembled goods already contain the essential components of the finished article, which was absent here, including the battery-powered propulsion component. The declared value was also rejected without compliance with valuation procedure or evidence-based reasons. In the absence of proved misdeclaration of description, classification, or value, the enhancement of value, confiscation, redemption fine, and penalty were found unsustainable. Case-Laws Customs Tue, 08 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761031