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Rule 16 - Settlement - Foreign Trade (Regulation) Rules 1993

Extract

..... 16. Settlement - (1) The Adjudicating Authority may determine the amount of settlement to be paid by the person to whom a notice has been issued and who has opted for settlement and has admitted the contravention specified in the notice, in the following cases, namely:- (i) where it is of the opinion that the contravention of any provision of the Act or these rules or the Policy has been made without mens rea or without wilful mistake or without suppression of facts, or without any collusion, or .....

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Rule 16 - Settlement - Foreign Trade (Regulation) Rules 1993

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