Section 11B

Empowering Settlement Commission for regularisation of export obligation default.

The Foreign Trade (Development and Regulation) Act, 1992

  • Act 22 of 1992
  • Ministry of Commerce and Industry
  • Department of Commerce
About this Act

An Act to provide for the development and regulation of foreign trade by facilitating imports into, and augmenting exports from, India and for matters connected therewith or incidental thereto.

All sections
    1[11B. Empowering Settlement Commission for regularisation of export obligation default.-- Settlement of customs duty and interest thereon as ordered by the Settlement Commission as constituted under section 32 of the Central Excise Act, 1944 (1 of 1944), shall be deemed to be a settlement under this Act.]

Notes

1. Ins. by Act 25 of 2010, s. 13 (w.e.f.27-8-2010).

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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