State the legal position under the Customs Act, 1962 in respect of the following: Penalty for import of unaccounted goods;
CS Executive · Tax Laws · PYQS · December 2018
State the legal position under the Customs Act, 1962 in respect of the following: Penalty for import of unaccounted goods;
Answer & Explanation:
Upto 200% of Customs duty could be levied as penalty for import of unaccounted goods.
Topics: Customs Act, 1962
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