Customs Valuation of Second-Hand Computer Parts Includes Detention and Legal Fees; 10% Fine and 5% Penalty Applied.

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....Valuation of goods - Old and used second hand imported monitors and computer parts - keeping in view the element of wiping out of profit in the interface of expenditure incurred on detention and demurrage charges as also in defraying of legal expenses and interest, redemption fine of 10% of the value assessed by the department and penalty of 5% of such value would suffice. - AT....