Home Acts & Rules DGFT Rules Foreign Trade (Regulation) Rules 1993 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Rule 17 - Confiscation and redemption - Foreign Trade (Regulation) Rules 1993Extract 17. Confiscation and redemption - (1) 1 [Any imported goods or materials or goods or materials for export or goods or materials connected with import or export of services or technology] in respect of which - (a) any condition of the 2[ licence, certificate, scrip or any instrument bestowing financial or fiscal benefits], or letter of authority under which they were imported, relating to their utilisation or distribution; or (b) any condition, relating to their utilisation or distribution, subject to which they were received from or through, an agency recognised by the Central Government; or 3 [(c) any condition imposed under the Policy with regard to the sale, disposal, import or export of such goods or materials or goods or materials connected with services or technology; has been, is being, or is attempted to be contravened, shall together with any package, covering or receptacle in which such goods or goods connected with services or technology are found, be liable to the confiscated by the Adjudicating Authority, and where such goods or materials or goods or materials connected with services or technology are so mixed with any other goods or materials that they cannot be readily separated, such other goods or materials shall also be liable to be so confiscated: Provided that where it is established to the satisfaction of the Adjudicating Authority that any goods or materials or goods or materials connected with services or technology which are liable to confiscation under this rule, had been imported for personal use, and not for any trade or industry, such goods or materials or goods or materials connected with services or technology shall not be ordered to be confiscated.] (2) The Adjudicating Authority may permit the redemption of the confiscated 4 [goods or materials or goods connected with services or technology] upon payment of redemption charges equivalent to the market value of such 4 [goods or materials or goods connected with services or technology]. ******************** Notes :- 1. Substituted vide Notification No. G.S.R 300(E), Dated 17-04-2015, in the rule (1) for the word Any imported goods or materials 2. Substituted vide Notification No. G.S.R 300(E), Dated 17-04-2015, in the clauses (a) of the rule (1) for the word licence 3. Substituted vide Notification No. G.S.R 300(E), Dated 17-04-2015, in clause (c) before it was read as :- (c) any condition imposed under the Policy with regard to the sale or disposal of such goods or materials; has been, is being, or is attempted to be, contravened, shall together with any package, covering or receptacle in which such goods are found, be liable to be confiscated by the Adjudicating Authority, and where such goods or materials are so mixed with any other goods or materials that they cannot be readily separated, such other goods or materials shall also be liable to be so confiscated: Provided that where it is established to the satisfaction of the Adjudicating Authority that any goods or materials which are liable to confiscation under this rule, had been imported for personal use, and not for any trade or industry, such goods, or materials shall not be ordered to be confiscated. 4. Substituted vide Notification No. G.S.R 300(E), Dated 17-04-2015, in the sub-rule (2) for the word goods or materials
|