https://www.taxtmi.com/manuals?id=7229 Import and export are subject to statutory restrictions through the concept of prohibited goods; non compliance with requirements such as Legal Metrology labelling or mandatory BIS registration can render goods prohibited and liable to confiscation. The Central Government may, by notification, prohibit or conditionally regulate imports or exports for public interest objectives. Goods moved contrary to prohibitions attract confiscation liability and monetary penalties for improper importation or attempted exportation, with adjudicating authorities empowered to impose enhanced penalties measured against the value of the goods. en-us Thu, 20 Feb 2025 10:25:00 +0530 Thu, 27 Feb 2025 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7229 Import and export are subject to statutory restrictions through the concept of prohibited goods; non compliance with requirements such as Legal Metrology labelling or mandatory BIS registration can render goods prohibited and liable to confiscation. The Central Government may, by notification, prohibit or conditionally regulate imports or exports for public interest objectives. Goods moved contrary to prohibitions attract confiscation liability and monetary penalties for improper importation or attempted exportation, with adjudicating authorities empowered to impose enhanced penalties measured against the value of the goods. Manuals Customs Thu, 20 Feb 2025 10:25:00 +0530 https://www.taxtmi.com/manuals?id=7229