Since NCERT Books are changed, we are still changing the name of content in images and videos. It would take some time.
But, we assure you that the question is what you are searching for, and the content is the best -Teachoo Promise. If you have any feedback, please contact us.
Without prejudice to the provisions of section 13
where it is shown to the satisfaction of AC/DC
that any imported goods have been lost or destroyed,
(otherwise than as a result of pilferage)
at any time before clearance for home consumption
AC/DC shall remit the duty on such goods.
Note:-
- The loss referred to in this section is generally due to natural causes like fire, flood, etc.
- Even loss at warehouse covered
Difference between Section 13 and Section 23(1)
|
Section 13 |
Section 23 (1) |
|
It covers Pilferage of goods
|
It covers Loss and destruction of goods (except pilferage) |
|
Duty is not payable at all |
Duty is payable but is remitted(waived) |
|
Period of pilferage between their unloading and order for clearance is covered
|
Anytime before actual clearance for home consumption.
|
|
Pilferage is not to be proved |
Loss/destruction shall be proved to AC/DC |
|
If goods are restored, no duty payable |
No such provision, as lost or damaged goods cannot be restored |
Learn in your speed, with individual attention - Teachoo Maths 1-on-1 Class
