Foreign Trade (Development & Regulation) Act, 1992

Section - 11B - Empowering Settlement Commission for regularisation of export obligation default

Empowering Settlement Commission for regularisation of export obligation default.

11B. 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.]

.... To read the full section download the app from Google Play store