Valuation - no import duty can be levied on the goods lost, ...
Import Duty Not Charged on Goods Lost, Pilfered, or Destroyed in Transit; Applies Only to Goods Received.
May 18, 2016
Case Laws Customs AT
Valuation - no import duty can be levied on the goods lost, pilfered or destroyed during transportation and it is the actual quantity received at the shore which would attract duty. - AT
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