Loss in transit

Ravi Mathur (Service) (130 Points)

24 May 2010  

Material Send to Customer from a manufacturer. Material loss in transit by theft. A fir is launched & transporter verified it.Customer give the short received note & credit note including th duty.  Question is this how should manufacturer / materaial seller will debit the duty.? materila is not received back by the manufactuter. what the treatment of duty ?