law: Custom Act, 1962 
  150.
  
  Procedure for Sale of Goods and Application of Sale Proceeds. – 
  (1)
  
  Where any goods not being confiscated goods are to be sold under any provisions
  
  of this Act, they shall, after notice to the owner thereof, be sold by public
  
  auction or by tender or with the consent of the owner in any other manner.
  (2)
  
  The proceeds of any such sale shall be applied –
  (a) firstly to the payment of the expenses of the sale,
  (b) next to the payment of the freight and other charges, if any,
  
  payable in respect of the goods sold, to the carrier, if notice of such charges
  
  has been given to the person having custody of the goods,
  (c) next to the payment of the duty, if any, on the goods sold,
  (d) next to the payment of the charges in respect of the goods sold due
  
  to the person having the custody of the goods,
  (e) next to the payment of any amount due from the owner of the goods to
  
  the Central Government under the provisions of this Act or any other law
  
  relating to customs, and the balance, if any, shall be paid to the owner of the
  
  goods.