https://www.taxtmi.com/caselaws?id=75199 Declared transaction value for imported used computers could not be rejected merely on suspicion where no legally sustainable basis was shown for discarding the Chartered Engineer's certificate, so enhancement of value was not justified. Import of second-hand computers without the required special licence remained liable to confiscation under customs law, but redemption fine and penalty were confined to the established proportional limits. Undeclared 500 CD-ROMs and one Pentium III computer required separate valuation because they were not covered by the filed bills of entry, and the matter had to be re-quantified on the basis of the Chartered Engineer's certificate for assessable value, fine and penalty. en-us Thu, 19 Feb 2009 00:00:00 +0530 Mon, 29 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75199 Declared transaction value for imported used computers could not be rejected merely on suspicion where no legally sustainable basis was shown for discarding the Chartered Engineer's certificate, so enhancement of value was not justified. Import of second-hand computers without the required special licence remained liable to confiscation under customs law, but redemption fine and penalty were confined to the established proportional limits. Undeclared 500 CD-ROMs and one Pentium III computer required separate valuation because they were not covered by the filed bills of entry, and the matter had to be re-quantified on the basis of the Chartered Engineer's certificate for assessable value, fine and penalty. Case-Laws Customs Thu, 19 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75199