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Customs - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Imposition of Penalty - Once the value has been found ...

Case Laws     Customs

September 26, 2019

Imposition of Penalty - Once the value has been found misdeclared the goods become liable for confiscation under Section 111(m) of the Customs Act, 1962 and the person misdeclaring or abetting in such misdeclaration is liable to penalty u/s 112(a).

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