https://www.taxtmi.com/acts?id=36852 Clause 76 of the Finance (No. 2) Bill, 2019 amends the Customs Act by increasing the maximum limit of penalty under section 117, replacing the existing monetary cap with a higher statutory ceiling; the amendment adjusts only the quantitative penalty cap and does not modify the substantive offences or enforcement procedures. en-us Fri, 05 Jul 2019 18:13:29 +0530 Fri, 05 Jul 2019 18:13:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36852 Clause 76 of the Finance (No. 2) Bill, 2019 amends the Customs Act by increasing the maximum limit of penalty under section 117, replacing the existing monetary cap with a higher statutory ceiling; the amendment adjusts only the quantitative penalty cap and does not modify the substantive offences or enforcement procedures. Act-Rules Bill Fri, 05 Jul 2019 18:13:29 +0530 https://www.taxtmi.com/acts?id=36852