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TMI BlogGuidelines for launching of Prosecution in relation to offences punishable under the Customs Act, 1962X X X X Extracts X X X X X X X X Extracts X X X X ..... th floor, Tower-2, Jeevan Bharti Building, Parliament Street, New Delhi- 110001. Email ID: [email protected] Tel. 011- 21400625 New Delhi, dated 16.08.2022 To 1. All Pr. Chief Commissioners/ Chief Commissioner of Customs/Customs (Preventive)/Central Taxes, 2. All Principal Director Generals/ Director Generals of CBIC, 3. All Chief Commissioners (Authorised Represe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ects into account, with the approval of the competent authority, it has been decided to revise the threshold limits for various categories of cases for launching prosecution given under Para 4.2.1.1 and Para 4.2.1.2 (including all sub paras) of the aforesaid Circular. 3. The revised threshold limits are given as under: 3.1. Baggage and Outright smuggling cases: (i) Cases involving una ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... where market value of the offending goods is Rs. 2,00,00,000/- (Rupees Two Crores) or more; (ii) In cases related to fraudulent evasion or attempt at evasion of duty under the Customs Act 1962 , if the amount of duty evasion is Rs. 2,00,00,000/- (Rupees Two Crore) or more; (iii) In cases related to fraudulent availment of drawback or attempt to avail of drawback or any exemption from duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cases involving non-declaration of foreign currency by foreign nationals and NRIs (normally visiting India for travel/business trips etc.) detected at the time of departure from India, exceeding the threshold limits of Rs 50 lakh as prescribed above, if it is claimed that the currency has been legally acquired and brought into India but not declared inadvertently, prosecution need not be consider ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 7. Difficulties, if any, in implementation of the aforesaid Guidelines may be brought to notice of the Board. Yours sincerely, (Suraj Kumar Gupta) Joint Commissioner (Investigation-Customs), CBIC, New Delhi - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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