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of <h1>Goods like derelict, jetsam, flotsam, and wreck in India treated as imports under Customs Act, 1962.</h1> All goods classified as derelict, jetsam, flotsam, and wreck that are brought into India are treated as imported goods under the Customs Act, 1962. These goods are subject to customs duties unless it is demonstrated to the satisfaction of the appropriate customs officer that they qualify for duty-free admission under the provisions of the Act.
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