Customs (Attachment of Property of Defaulters for Recovery of Government Dues) Rules, 1995 - Customs (Attachment of Property of Defaulters for Recovery of Government Dues) Rules, 1995
Customs (Attachment of Property of Defaulters for Recovery of Government Dues) Rules, 1995 - Customs (Attachment of Property of Defaulters for Recovery of Government Dues) Rules, 1995
Sale of attached property permits public auction for unpaid government dues, subject to a reserve price and minimum acceptable bid. Sale of attached property may be authorised if the certified government dues and detention costs remain unpaid for thirty days from attachment. The ... Summary
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Sale of attached property permits public auction for unpaid government dues, subject to a reserve price and minimum acceptable bid.
Sale of attached property may be authorised if the certified government dues and detention costs remain unpaid for thirty days from attachment. The Principal Commissioner or Commissioner may authorise the Proper Officer to recover the amount through public auction of the defaulter's property. A reserve price may be fixed, and bids may be accepted only if they meet or exceed that price.
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