26/08/2026
Custodian must pay customs duty on pilfered goods notwithstanding the provisions of Major Port Trusts Act, 1963
Supreme Court Upholds Customs Duty Liability on Pilfered Goods for Mumbai Port Trust, The Supreme Court validates notification under Customs Act, ensuring revenue protection from pilferage, distinguishing it from civil liabilities under the Major Port Trusts Act.
In a significant verdict, the Supreme Court of India has upheld the imposition of customs duty on pilfered goods while in custody of the Mumbai Port Trust, as per Section 45(3) of the Customs Act, 1962. The judgment, delivered by Justices B.V. Nagarathna and Manmohan, overturns a prior ruling by the Bombay High Court which had quashed a notification declaring Mumbai Port Trust as the custodian responsible for such duties.......read more click on this link
https://lawfinder.news/articles/custodian-must-pay-customs-duty-on-pilfered-goods-notwithstanding-the-provisions-of-major-port-trusts-act-1963
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