Recovery of goods sold or disposed of to non-privileged persons

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.... a privileged person and they are sold or otherwise disposed of by him (other than re-exported) to a non-privileged person within three years from the date of their importation, customs duty shall be recovered from such privileged person by the ^1[Principal Commissioner of Customs or Commissioner of Customs, as the case may be] nearest to the headquarters of the privileged person concerned. [The d....

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.... of second hand motor vehicles, and the rate of duty on such vehicle and the exchange rate for conversion of foreign currency into Indian currency shall be taken as applicable on the date of approval of such sale or otherwise disposal by the said Board under clause (c) of sub-rule (2) of rule 4A : Provided that the facility of duty-free sale of vehicles, after four years of import, shall be all....

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....se may be. [(1C) In the case of any accidented or totally damaged vehicle referred to in clause (d) in sub-rule (2) of rule 4A, the Customs duty shall be calculated taking the sale price as cum-duty price and rate of duty shall be taken as that applicable to such motor vehicle, if it had not been so accidented or damaged at the time of such sale.] [(1D) in case a vehicle has been stolen, cus....