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    <title>Insertion of new sections 108A and 108B.</title>
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    <description>Sections 108A and 108B require specified public bodies and regulated authorities that maintain records or accounts relevant to imports or exports to furnish such information to the proper officer in the manner prescribed by rules. The proper officer may notify defects and allow rectification within seven days or a permitted extension; if not rectified the information is deemed not furnished. Failing to furnish after that, the proper officer may issue a notice requiring production within thirty days and may impose a daily monetary penalty for continued non compliance.</description>
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      <description>Sections 108A and 108B require specified public bodies and regulated authorities that maintain records or accounts relevant to imports or exports to furnish such information to the proper officer in the manner prescribed by rules. The proper officer may notify defects and allow rectification within seven days or a permitted extension; if not rectified the information is deemed not furnished. Failing to furnish after that, the proper officer may issue a notice requiring production within thirty days and may impose a daily monetary penalty for continued non compliance.</description>
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      <pubDate>Sat, 01 Apr 2017 17:46:46 +0530</pubDate>
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