Sec 23(1) - Loss or destruction of goods
In case where it is shown to the satisfaction od Assistant / Deputy Commissioner of customs -
- that any goods have been lost / destroyed,
- at any time before clearance for home consumption
then he shall remt the duty on such goods.
Some silly doubts..
1. "he" = importer?
2. "remit the duty" = pay duty at normal rates (i.e no abatement)?