Penalty threshold increase in customs law raises monetary limit for enforcement, altering compliance exposure and enforcement scope. An amendment substitutes the existing monetary amount in section 117 of the Customs Act with a higher statutory figure, thereby changing the penalty ... Summary
Penalty threshold increase in customs law raises monetary limit for enforcement, altering compliance exposure and enforcement scope.
An amendment substitutes the existing monetary amount in section 117 of the Customs Act with a higher statutory figure, thereby changing the penalty threshold that serves as the monetary trigger for customs enforcement and related pecuniary consequences under that provision.
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