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<h1>Increase in maximum penalty under the Customs Act expands the statutory cap through proposed Finance Bill amendment.</h1> Clause 76 of the Finance (No. 2) Bill, 2019 amends the Customs Act by increasing the maximum limit of penalty under section 117, replacing the existing monetary cap with a higher statutory ceiling; the amendment adjusts only the quantitative penalty cap and does not modify the substantive offences or enforcement procedures.