https://www.taxtmi.com/acts?id=2007 Civil imprisonment for unpaid foreign-exchange penalties may follow failure to pay within ninety days of service of the payment notice, subject to the appellate provision. Arrest and detention require a notice to show cause and recorded satisfaction that the defaulter obstructed recovery through dishonest dealings with property, or has means to pay but refuses or neglects payment. The defaulter must have an opportunity to be heard, may be held in custody or released on security pending inquiry, and remains liable for arrears after release from detention. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 27 Aug 2026 15:33:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2007 Civil imprisonment for unpaid foreign-exchange penalties may follow failure to pay within ninety days of service of the payment notice, subject to the appellate provision. Arrest and detention require a notice to show cause and recorded satisfaction that the defaulter obstructed recovery through dishonest dealings with property, or has means to pay but refuses or neglects payment. The defaulter must have an opportunity to be heard, may be held in custody or released on security pending inquiry, and remains liable for arrears after release from detention. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2007