Penalty for non-compliance with customs finalisation regulations may apply to importers, exporters, authorised representatives, and brokers. Where an importer, exporter, authorised representative or Customs broker contravenes, abets contravention of, or fails to comply with any provision of the Customs (Finalisation of Provisional Assessment) Regulations, 2018, the person shall be liable to a penalty which may extend to fifty thousand rupees.
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Provisions expressly mentioned in the judgment/order text.
Penalty for non-compliance with customs finalisation regulations may apply to importers, exporters, authorised representatives, and brokers.
Where an importer, exporter, authorised representative or Customs broker contravenes, abets contravention of, or fails to comply with any provision of the Customs (Finalisation of Provisional Assessment) Regulations, 2018, the person shall be liable to a penalty which may extend to fifty thousand rupees.
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