https://www.taxtmi.com/acts?id=980 Abatement of customs duty applies to imported goods shown to have been damaged or deteriorated before or during unloading in India, or in specified cases after unloading but before examination, where the damage resulted from an accident not caused by the wilful act, negligence or default of the importer, owner, employee or agent. Duty is reduced in proportion to the diminished value of the goods, and the value may be determined by the proper officer or by sale of the goods, with the sale proceeds treated as value. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 16 Jun 2026 13:02:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=980 Abatement of customs duty applies to imported goods shown to have been damaged or deteriorated before or during unloading in India, or in specified cases after unloading but before examination, where the damage resulted from an accident not caused by the wilful act, negligence or default of the importer, owner, employee or agent. Duty is reduced in proportion to the diminished value of the goods, and the value may be determined by the proper officer or by sale of the goods, with the sale proceeds treated as value. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=980