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        Customs

        Section 154A - Rounding off of duty, etc

        Customs Act, 1962
        Chapter XVII
        Miscellaneous

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        Rounding off of customs amounts requires fractions of fifty paise or more to be increased to one rupee. Amounts of duty, interest, penalty, fine, refund, drawback, or any other sum payable or due under the Customs Act are rounded off to the nearest rupee. Fractions of a rupee of fifty paise or more are increased to one rupee, while fractions below fifty paise are ignored.
                        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.
                        Provisions expressly mentioned in the judgment/order text.

                            Rounding off of customs amounts requires fractions of fifty paise or more to be increased to one rupee.

                            Amounts of duty, interest, penalty, fine, refund, drawback, or any other sum payable or due under the Customs Act are rounded off to the nearest rupee. Fractions of a rupee of fifty paise or more are increased to one rupee, while fractions below fifty paise are ignored.


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