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    <description>The IBC moratorium limits customs authorities to assessment or reassessment of duties during insolvency and bars initiation of recovery by sale or confiscation; assessed customs claims must be submitted and pursued through the IBC claim procedure within its prescribed timelines, and the insolvency professionals may secure and manage goods in accordance with insolvency law.</description>
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      <description>The IBC moratorium limits customs authorities to assessment or reassessment of duties during insolvency and bars initiation of recovery by sale or confiscation; assessed customs claims must be submitted and pursued through the IBC claim procedure within its prescribed timelines, and the insolvency professionals may secure and manage goods in accordance with insolvency law.</description>
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