Penalty for attempt to export goods improperly, etc

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..... on 113, or abets the doing or omission of such an act, shall be liable, - (i) in the case of goods in respect of which any prohibition is in force under this Act or any other law for the time being in force, to a penalty not exceeding three times the value of the goods as declared by the exporter or the value as determined under this Act, whichever is the greater; 1 [(ii) in the case of dut .....

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..... ------ Notes:- 1. Substituted vide THE FINANCE ACT, 2015 w.e.f. 14th May 2015, before it was read as, (ii) in the case of dutiable goods, other than prohibited goods, to a penalty not exceeding the duty sought to be evaded or five thousand rupees, whichever is the greater; - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Man .....

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