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Section 7: Penalty

Customs (Finalisation of Provisional Assessment) Regulations, 2018Central Regulations · 1962

If any importer or exporter or his authorised representative or Customs Broker contravenes any provision of these regulations or abets such contravention, or fails to comply with any provision of these regulations, he shall be liable to a penalty which may extend to fifty thousand rupees.

[F. No.450/76/2018-CusIV] (Zubair Riaz) Director (Customs)

Where this provision sits

ActCustoms (Finalisation of Provisional Assessment) Regulations, 2018
Section7
Marginal notePenalty
JurisdictionCentral
StatusIn force as published by the source

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