Payment of Customs duty by custodians in respect of auctioned goods-reg

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..... ods-reg. A reference was received from the Container Corporation of India(CONCOR) stating that there is a divergence of practice in Custom Houses with regard to apportionment of sale proceeds from disposal/sale of unclaimed/uncleared goods under section 150 of the Customs Act, 1962. It was reported that some Custom Houses determine the Customs duty payable on auctioned goods after deducting th .....

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