Penalty for non-compliance with export rules imposes a monetary sanction on exporters for breach of export formalities. Under the Notice of Short-Export Rules, 1963 an exporter who fails to comply with the provisions of rule 2 is liable to a penalty, the rule attaching a monetary sanction with a prescribed upper limit for non-compliance.
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Provisions expressly mentioned in the judgment/order text.
Penalty for non-compliance with export rules imposes a monetary sanction on exporters for breach of export formalities.
Under the Notice of Short-Export Rules, 1963 an exporter who fails to comply with the provisions of rule 2 is liable to a penalty, the rule attaching a monetary sanction with a prescribed upper limit for non-compliance.
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