Liability in respect of duty for goods unaccounted for
42.—(1) All dutiable goods unshipped or landed in a free trade zone or approved landing place, or deposited in a transit warehouse, shall, until —
(a)
lawfully removed therefrom for export or entry into customs territory; or
(b)
received for storage by the authority administering the free trade zone or the occupier or operator of the premises in which the goods are stored within the zone,
be at the risk of the master, owner or agent of the vessel or the pilot, owner or agent of the aircraft or any person authorised under section 39(2), as the case may be, as if those goods had not been unshipped.
[23/93]
(2) The master, owner or agent of the vessel or the pilot, owner or agent of the aircraft or any person authorised under section 39(2) shall each be liable to pay the duty on such of the goods as are not accounted for to the satisfaction of a senior officer of customs as if those goods had been imported.
[23/93]
(3) Notwithstanding the provisions of any written law to the contrary, where dutiable goods have been received for storage by —
(a)
the authority administering the free trade zone; or
(b)
the occupier or operator of the premises in which the goods are stored,
the authority, occupier or operator shall be liable to pay the duty on such of the goods as are not accounted for to the satisfaction of a senior officer of customs as if those goods had been imported.
[23/93]
(4) For the purpose of subsection (1) and section 45 —
(a)
the value of any grade of motor spirit which is not being retailed in Singapore under a trade name or trade mark shall be the highest price inclusive of excise duty but excluding goods and services tax charged thereon for that grade regardless of trade names or trade marks prevailing in Singapore at retailers’ motor spirit pumps; and
(b)
the value of any grade of motor spirit which is being retailed in Singapore under a trade name or trade mark shall be determined in accordance with section 23.