Amendment status not verified — confirm the current text below against the official source.
(1) The prescribed authority may, in respect of any specified goods lawfully detained or seized by it, incur such -expenditure as may be necessary for the storage of such goods for so long as they remain detained or seized. (2) The prescribed authority may, at any time after such seizure or detention, by notice issued in the prescribed manner, require the dealer whose goods have been so seized or detained to take delivery thereof before a date specified in the notice after payment of the tax due thereon, if any, -together with the expenses incurred under sub-section (1), and penalty, if any, imposed under sub-section (3) of section 14. (3) (a) If the dealer fails to take delivery of such goods. before the date specified in the notice, the prescribed authority may, in the pres-iibed manner, cause such goods to be put up at public auct 'm for sale for cash on delivery. (b) If the prescribed authority deems the highest offer made- at such a sale to be inadequate, it may adjourn the Sale to'some other date in the prescribed manner. Storage and Bala, 10 The Taxes on Entry of Goods into Calcutta Metropolitan Ara Act, 1970. [President's Act (c) The proceeds arising from the sale shall be applied in payment, in order of priority, of— firstly, the expenses incurred by the prescribed authority under sub-section (1), • secondly, the tax payable, if any, on each goods, thirdly, the fine, if any, imposed under this Act, fourthly, the'balance, if any, to the dealer of such goods on application made within one year from the date of the sale. (d) Notwithstanding any provisions to the contrary, if any specified goods lawfully detained or seized be of a perish- able nature, the prescribed authority may, at any time, if it thinks fit, cause them to be sold in any manner it thinks, • appropriate in the circumstances, and shall apply the proceeds in the manner provided in clause (c). CHAPTER -VI OFFENCES AND THEIR TRIAL Penalties.