https://www.taxtmi.com/circulars?id=6025 Import duty is an independent, exigible obligation arising on importation and remains payable notwithstanding confiscation or imposition of penal consequences; a contractual third party liable under an agreement must pay the customs duty as if it had imported the goods, and recovery may be effected where auction proceeds fall short of the leviable duty. en-us Mon, 16 May 1988 00:00:00 +0530 Mon, 29 Jun 2009 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6025 Import duty is an independent, exigible obligation arising on importation and remains payable notwithstanding confiscation or imposition of penal consequences; a contractual third party liable under an agreement must pay the customs duty as if it had imported the goods, and recovery may be effected where auction proceeds fall short of the leviable duty. Circulars Customs Mon, 16 May 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6025