Act Number: 22

Act Name: The Foreign Trade (Development and Regulation) Act, 1992

Year: 1992

Enactment Date: 1992-08-07

Long Title: 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.

Ministry: Ministry of Commerce and Industry

Department: Department of Commerce

Section 11B: Empowering Settlement Commission for regularisation of export obligation default.
    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).
Previous Section Next Section
Scroll to Top