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of <h1>Amendment to Section 135: New Penalties for Customs Duty Evasion, Misdeclaration, and Fraudulent Claims Introduced.</h1> Section 135 of the Customs Act has been amended to introduce a new sub-section (1), detailing offenses related to customs duties and penalties. It criminalizes involvement in misdeclaration of goods' value, evasion of duties, or dealing with goods liable for confiscation. It also targets fraudulent claims of duty drawbacks or exemptions. Offenses involving goods worth over one crore rupees, duty evasion over thirty lakh rupees, specified prohibited goods, or fraudulent drawbacks exceeding thirty lakh rupees are punishable by up to seven years of imprisonment and fines, with a minimum one-year sentence unless special reasons are recorded. Other offenses may result in up to three years of imprisonment, fines, or both.
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