Section 114A - Penalty for short-levy or non-levy of duty in certain cases - Customs Act, 1962

..... qual to the duty or interest so determined : Provided that where such duty or interest, as the case may be, as determined under 1[sub-section (8) of section 28], and the interest payable thereon under section 2[28AA], is paid within thirty days from the date of the communication of the order of the proper officer determining such duty, the amount of penalty liable to be paid by such person under this section shall be twenty-five per cent of the duty or interest, as the case may be, so determined .....

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Section 114A - Penalty for short-levy or non-levy of duty in certain cases - Customs Act, 1962

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..... e in penalty have also been paid within thirty days of the communication of the order by which such increase in the duty or interest takes effect : Provided also that where any penalty has been levied under this section, no penalty shall be levied under section 112 or section 114. Explanation. - For the removal of doubts, it is hereby declared that - (i) the provisions of this section shall also apply to cases in which the order determining the duty or interest under 1[sub-section (8) of section .....

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Section 114A - Penalty for short-levy or non-levy of duty in certain cases - Customs Act, 1962

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