https://www.taxtmi.com/acts?id=1715 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. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sun, 24 May 2015 15:32:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1715 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. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1715