John & John India Ltd. imported a consignment from U.S.A (by sea). The value of consignment was - 7,50,000 and total duty payable was -…

John & John India Ltd. imported a consignment from U.S.A (by sea). The value of consignment was - 7,50,000 and total duty payable was - 1,50,000. Company filed bill of entry for home consumption but before inspection and clearance for home consumption it found that the goods were damaged. On filing a representation to the Customs Department, the proper officer refused the claim for abatement because goods were already unloaded. The proper officer is in agreement with the claim that the value of goods has come down to only - 1,50,000. Calculate the amount of total duty payable.