https://www.taxtmi.com/acts?id=1192 Goods not being confiscated goods, when sold under the Customs Act after notice to the owner, must be disposed of by public auction, tender, or another mode consented to by the owner. The sale proceeds are applied in a fixed order: sale expenses, freight and other carrier charges after notice, customs duty, custodian's charges, and sums due to the Central Government under customs law. Any remaining balance is payable to the owner, but if unpaid within six months or an extended period allowed, it is paid to the Central Government. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 19 Jun 2026 17:05:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1192 Goods not being confiscated goods, when sold under the Customs Act after notice to the owner, must be disposed of by public auction, tender, or another mode consented to by the owner. The sale proceeds are applied in a fixed order: sale expenses, freight and other carrier charges after notice, customs duty, custodian's charges, and sums due to the Central Government under customs law. Any remaining balance is payable to the owner, but if unpaid within six months or an extended period allowed, it is paid to the Central Government. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1192