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of <h1>Circular Urges Strict Penalties for Importing Used Printing Machines Over 10 Years Old, Violating EXIM Policy.</h1> The circular addresses the ongoing misuse of the import policy concerning used printing machines, specifically those over ten years old. Despite previous alerts, such machines continue to be imported and cleared with minimal fines and penalties. The circular emphasizes the need for imposing fines that prevent importers from profiting from these transactions and ensuring penalties reflect the severity of the violation, particularly when importers knowingly contravene the EXIM Policy. It stresses that without stringent fines and penalties, the restrictions under the EXIM Policy will be undermined. Recipients are requested to acknowledge receipt of the circular.
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