Remission is defined as which of the following?

Remission is defined as which of the following?

• A. A request to cancel payment of duty on goods claimed to be lost, pillaged, or destroyed by accident during the voyage or while in Customs control.
• B. A reduction in duty based on goods’ value.
• C. A refund of duty already paid due to clerical error.
• D. A suspension of all duties for goods in transit.

Answer: (A)

Remission means canceling the duty when goods are lost or destroyed during transit or while under Customs control. This makes sense because you shouldn’t owe taxes on goods that never actually reach their destination due to an accident or loss. The described situation—requesting cancellation of duty on goods claimed to be lost, pillaged, or destroyed—is exactly what remission covers.

The other ideas describe different reliefs: reducing duty based on value would be a value-based adjustment, not a cancellation due to loss; a refund for a clerical error is a separate refund process for mistakes, not remission; and suspending duties for goods in transit is a temporary pause, not forgiveness of duty for lost or destroyed goods.