Customs Act, 1969

CHAPTER-XX

SETTLEMENT OF CASES

From: 2023-08-01 - To: 0000-00-00 201. Procedure for sale of goods and application of sale proceeds.- (1) Where any goods, other than confiscated goods, are to be sold under any provision of this Act, they shall be sold after due notice to the owner 1[or his agent or custodian of the goods] by public auction or by tender or by private offer or, with the consent of the owner 1[or his agent or custodian of the goods] in writing, in any other manner. 2[(1A) The goods may be sold under sub-section (1) through electronic means, as prescribed by the Board under the rules.] (2) The sale proceeds shall be applied to the following purposes in their respective order, namely:- (a) first to pay the expenses of the sale; (b) then to pay the freight or other charges, if any, payable in respect of the goods, if notice of such charges has been given to the person holding the goods in custody; (c) then to pay the customs-duty, other taxes and…