Fraudulent instrument procurement attracts penalty when used for duty discharge under customs law. Penalty is attracted where an instrument has been obtained by fraud, collusion, wilful misstatement, or suppression of facts and is used for discharging ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Fraudulent instrument procurement attracts penalty when used for duty discharge under customs law.
Penalty is attracted where an instrument has been obtained by fraud, collusion, wilful misstatement, or suppression of facts and is used for discharging duty. The person to whom the instrument was issued is liable to penalty not exceeding the face value of the instrument. The term instrument takes the meaning assigned in the linked customs provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.