False or incorrect declarations under customs law may attract penalty for intentional misuse in business transactions.

Imposition of penalty for knowingly or intentionally making, signing or using any declaration, statement or document that is false or incorrect in any material particular in business under the Customs Act. Liability arises where the false or incorrect material is used in the transaction of business for the purposes of the Act, and the penalty may extend to five times the value of the goods.

---

---

---