A.
Dear Client,
In India, customs fines and penalties for improper importation or exportation of goods can range from a minimum of Rs. 5,000 to a maximum of five times the value of the goods or the duty evaded, depending on the nature of the offense. As per Section 114A of the Customs Act, 1962, where the duty has not been levied or has been short-levied or the interest has not been charged or paid or has been part paid or the duty or interest has been erroneously refunded by reason of collusion or any wilful miss-statement or suppression of facts, the person who is liable to pay the duty or interest, as the case may be, as determined under sub-section (2) of section 28 shall also be liable to pay a penalty equal to the duty or interest so determined, Provided that where any penalty has been levied under this section, no penalty shall be levied under section 112 or section 114 of the Act. So, once you pay the penalty against the demand notice, you will not be asked for payment for further penalties unless it is levied short. If the situation so warrants, hire an Advocate experienced in customs matters to navigate the issue in the right way.
Posted On 29-Mar-2025
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