Provisions relating to Remission of duty on lost, destroyed and abandoned  goods under Customs Act, 1962:

Section 23 specifically permits remission of duty in the following cases –

• Loss or Destruction of Goods : In case where it is shown to the satisfaction of AC/DC –

That any imported goods has been lost ( otherwise than as a result of pilferage ) or destroyed  at any time before clearance for home consumption, then he shall remit the duty on such goods.

• Abandonment or Relinquishment of goods by the Importer : The owner of the imported goods may at any time before –
• An order for clearance of goods for home consumption under section 47;or
• An order permitting the deposit of the goods in a warehouse under 60 has been made ,

Relinquish his title to the goods and thereupon he shall not be liable to pay duty thereon.

Note- No relinquishment is allowed to the owner of his title to goods regarding which an offence appears to have been committed under this act or any other law for the time being in force.