[Code of Federal Regulations]

[Title 19, Volume 1]

[Revised as of April 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 19CFR127.37]



[Page 687]

 

                        TITLE 19--CUSTOMS DUTIES

 

   CHAPTER I--BUREAU OF CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF 

              HOMELAND SECURITY; DEPARTMENT OF THE TREASURY

 

PART 127_GENERAL ORDER, UNCLAIMED, AND ABANDONED MERCHANDISE--Table 

of Contents

 

                       Subpart D_Proceeds of Sale

 

Sec.  127.37  Insufficient proceeds.



    (a) Warehouse merchandise deemed involuntarily abandoned. If the 

proceeds of sale of warehouse merchandise deemed involuntarily abandoned 

are insufficient to pay the duties after payment of all charges having 

priority, the deficiency shall be collected under the bond for the 

importation and entry of merchandise on Customs Form 301, containing the 

bond conditions set forth in Sec.  113.62 of this chapter.

    (b) Unclaimed merchandise and trade fair articles involuntarily 

abandoned. If the proceeds of sale of unclaimed merchandise or trade 

fair articles involuntarily abandoned are insufficient to pay the 

charges and duties, the consignee shall be liable for the deficiency 

unless the merchandise was shipped to him without his consent. If no 

entry for the merchandise has been filed, and no other attempt to 

control the merchandise has been made, the merchandise shall be regarded 

as shipped to the consignee without his consent and no effort shall be 

made to collect any deficiency of duties or charges from such consignee.



[T.D. 74-114, 39 FR 12092, Apr. 3, 1974, as amended by T.D. 84-213, 49 

FR 41183, Oct. 19, 1984]