https://www.taxtmi.com/article/detailed?id=13689 Section 114AA imposes penalty for knowingly making, signing or using any declaration, statement or document that is false or incorrect in any material particular; both knowledge or intent and the use of false or incorrect material must co exist. Defences focus on absence of CHA knowledge, lack of proceedings under licensing regulations, distinction between non declaration and mis declaration, bona fide reliance on importer documents for classification, non cooperation not constituting the substantive offence, and non attraction of penalty where an IEC is lent and misused. en-us Sat, 01 Mar 2025 08:27:00 +0530 Sat, 01 Mar 2025 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13689 Section 114AA imposes penalty for knowingly making, signing or using any declaration, statement or document that is false or incorrect in any material particular; both knowledge or intent and the use of false or incorrect material must co exist. Defences focus on absence of CHA knowledge, lack of proceedings under licensing regulations, distinction between non declaration and mis declaration, bona fide reliance on importer documents for classification, non cooperation not constituting the substantive offence, and non attraction of penalty where an IEC is lent and misused. Articles Customs - Import - Export - SEZ Sat, 01 Mar 2025 08:27:00 +0530 https://www.taxtmi.com/article/detailed?id=13689