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(ii) The Exim Policy 1997-2002 stipulates "all secondhand goods shall be restricted for imports". Hence secondhand i.e. old and used goods are treated as 'Restricted' and not 'prohibited/banned' goods. The ITC(HS) classification categorising imports as free, restricted, cannalized, prohibited. Import, of the impugned goods as herein would be permissible, without a licence, as Capital Goods, to eligible class of importer, as held by this Tribunal in the case of Gripwell Forgings & Tools {2002 (103) ECR 67}, therefore as prescribed, in the Manual, for Basic goods, redemption fines could not go beyond 50%, if and when so required, special reasons are to be found to exist. No such special reasons are found by the adjudicator in the impugned order.