https://www.taxtmi.com/caselaws?id=53014 Imported consignments of old and used photocopier components were accepted as parts, not complete photocopiers in unfinished condition, because expert opinion and the parties' own treatment of the goods supported that classification; the declared transaction value was therefore accepted and enhancement rejected. Import of second-hand and used items without the required licence still attracted confiscation and penalty, as the licence requirement was not met. The redemption fine and penalty were nevertheless reduced as disproportionate on the facts, while the confiscation and penal consequence were sustained in principle. en-us Wed, 07 Jul 2004 00:00:00 +0530 Sat, 09 Oct 2010 10:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53014 Imported consignments of old and used photocopier components were accepted as parts, not complete photocopiers in unfinished condition, because expert opinion and the parties' own treatment of the goods supported that classification; the declared transaction value was therefore accepted and enhancement rejected. Import of second-hand and used items without the required licence still attracted confiscation and penalty, as the licence requirement was not met. The redemption fine and penalty were nevertheless reduced as disproportionate on the facts, while the confiscation and penal consequence were sustained in principle. Case-Laws Customs Wed, 07 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53014