Settlement Commission decisions on customs duty and interest may be implemented by Licensing Authorities subject to adjudication notice. Licensing Authorities may implement Settlement Commission decisions concerning customs duty and interest for export obligation defaults, with intimation to the Adjudicating Authority for regularization; the Adjudicating Authority nonetheless remains free to invoke Section 11 of the Foreign Trade (Development & Regulation) Act, 1992 to consider imposition of penalties where appropriate.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Settlement Commission decisions on customs duty and interest may be implemented by Licensing Authorities subject to adjudication notice.
Licensing Authorities may implement Settlement Commission decisions concerning customs duty and interest for export obligation defaults, with intimation to the Adjudicating Authority for regularization; the Adjudicating Authority nonetheless remains free to invoke Section 11 of the Foreign Trade (Development & Regulation) Act, 1992 to consider imposition of penalties where appropriate.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
