https://www.taxtmi.com/caselaws?id=50697 Imported goods stored in a private bonded warehouse that were stolen did not qualify for remission of duty under Section 23 of the Customs Act. The statutory term "lost" was construed as excluding loss by theft, and the reference to pilferage was treated as indicating that theft is outside the remission provision. The reasoning also noted that the goods remained under the control of the warehouse licensee and relied on an earlier interpretation of a pari materia provision. Remission was therefore unavailable and the claim failed. en-us Wed, 01 Aug 2001 00:00:00 +0530 Wed, 25 Aug 2010 14:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=50697 Imported goods stored in a private bonded warehouse that were stolen did not qualify for remission of duty under Section 23 of the Customs Act. The statutory term "lost" was construed as excluding loss by theft, and the reference to pilferage was treated as indicating that theft is outside the remission provision. The reasoning also noted that the goods remained under the control of the warehouse licensee and relied on an earlier interpretation of a pari materia provision. Remission was therefore unavailable and the claim failed. Case-Laws Customs Wed, 01 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=50697