Levy of penalty under section 114A of Customs Act, 1962 – Clarification- regarding

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....4A of Customs Act, 1962 – Clarification- regarding.             It has been reported that a number of show cause notices were issued proposing the demand of not only duty, but also interest payable in terms of provisions of para 128 of the Hand Book of Procedures (1^st April, 1993 – 31^st March, 1997). While the Show Cause Notices have ....

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....bsp;            The matter has been examined in consultation with the Ministry of Law. The Ministry of Law, has stated that Maxwell’s Interpretation of Statutes (p-229) while dealing with conjunctions "or" and "and" provides that - "To carry out the intention of the legislature, it is occasionally found necessary to read conjunctions "or"....