Recovery of customs duty on duty free imports sold by privileged persons to non privileged persons, with assessment and procedural rules. Goods cleared duty free by a privileged person and sold to a non privileged person within three years trigger recovery of customs duty by the nearest Principal Commissioner or Commissioner, assessed in consultation; privileged persons must provide documents and produce goods for inspection to enable proper valuation and assessment. Motor vehicles attract special depreciated valuation and distinct rules for accidented, damaged or stolen vehicles; payment of leviable duty must be notified by the Collector to other authorities who received related certificates or undertakings.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of customs duty on duty free imports sold by privileged persons to non privileged persons, with assessment and procedural rules.
Goods cleared duty free by a privileged person and sold to a non privileged person within three years trigger recovery of customs duty by the nearest Principal Commissioner or Commissioner, assessed in consultation; privileged persons must provide documents and produce goods for inspection to enable proper valuation and assessment. Motor vehicles attract special depreciated valuation and distinct rules for accidented, damaged or stolen vehicles; payment of leviable duty must be notified by the Collector to other authorities who received related certificates or undertakings.
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