Section 109: Reassessment on alteration of duty
The Customs Act, 1969 · Federal Acts · XI · in_force
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109. Reassessment on alteration of duty.- If any goods have been entered for warehousing and assessed under section 26[*****] 80 27[*****] or 81] but the duty leviable thereon is subsequently altered, such goods shall be reassessed on the basis of the altered duty and a new bond shall be executed by the owner in accordance with the provisions of section 86 to replace the bond originally executed by him.
Effective date: 1969-03-03
Related sections
Section 108: Reassessment of warehoused goods when damaged or deterioratedSection 110: Allowance in case of volatile goodsSection 107: Application for clearance of goodsSection 111: Duty on goods improperly removed from warehouse or allowed to remain beyond fixed time or lost or destroyed or taken as sampleSection 106: Clearance of warehoused goods for export as provisions, on a conveyance proceeding to foreign destinationSection 112: Encashment of post-dated cheque
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