https://www.taxtmi.com/article/detailed?id=6814 Chapter XIV of the Customs Act, 1962 prescribes a tiered penalty regime for improper importation (s.112), attempted improper exportation (s.114), short levy or non levy (s.114A), use of false documents (s.114AA), non accounting for goods (s.116), and residual contraventions (s.117), with differentiated sanctions by category of goods, mechanisms for reduced penalties upon timely payment of assessed duty and interest, and provisos addressing appellate adjustments and overlapping offences. en-us Mon, 09 May 2016 00:34:42 +0530 Mon, 09 May 2016 00:34:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6814 Chapter XIV of the Customs Act, 1962 prescribes a tiered penalty regime for improper importation (s.112), attempted improper exportation (s.114), short levy or non levy (s.114A), use of false documents (s.114AA), non accounting for goods (s.116), and residual contraventions (s.117), with differentiated sanctions by category of goods, mechanisms for reduced penalties upon timely payment of assessed duty and interest, and provisos addressing appellate adjustments and overlapping offences. Articles Customs - Import - Export - SEZ Mon, 09 May 2016 00:34:42 +0530 https://www.taxtmi.com/article/detailed?id=6814