https://www.taxtmi.com/caselaws?id=273160 A deeming provision in the Foreign Exchange Regulation Act extended Sea Customs Act restrictions to foreign exchange contraventions, so the later amendment introducing Section 167(81) could apply to breaches of Section 8(2). Confiscation and penalty under customs law did not exclude criminal proceedings under the penal provision, because Section 186 preserved liability to punishment under other law and the scheme allowed customs adjudication and prosecution to coexist. The legal objections therefore failed, while sentence reduction was considered only because confiscation and penalty had already been imposed. en-us Mon, 14 Mar 1960 00:00:00 +0530 Fri, 08 Jun 2018 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273160 A deeming provision in the Foreign Exchange Regulation Act extended Sea Customs Act restrictions to foreign exchange contraventions, so the later amendment introducing Section 167(81) could apply to breaches of Section 8(2). Confiscation and penalty under customs law did not exclude criminal proceedings under the penal provision, because Section 186 preserved liability to punishment under other law and the scheme allowed customs adjudication and prosecution to coexist. The legal objections therefore failed, while sentence reduction was considered only because confiscation and penalty had already been imposed. Case-Laws FEMA Mon, 14 Mar 1960 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273160