TMI BlogContravention of provisions of this Act, rules, orders and foreign trade policyX X X X Extracts X X X X X X X X Extracts X X X X ..... nd not more than five times the value of the goods or services or technology in respect of which any contravention is made or attempted to be made, whichever is more. (3) Where any person signs or uses, or causes to be made, signed or used, any declaration, statement or document submitted to the Director General or any officer authorised by him under this Act, knowing or having reason to believe that such declaration, statement or document is forged or tempered with or false in any material particular, he shall be liable to a penalty of not less than ten thousand rupees or more than five times the value of the goods or services or technology in respect of which such declaration, statement or document had been submitted, whichever is more ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ner provided in clauses (a), (b) and (c),- (i) the Director General or any officer authorized by him may prepare a certificate signed by him specifying the amount due from such person and send it to the Collector of the District in which such person owns any property or resides or carries on business and the said Collector on receipt of such certificate shall proceed to recover from such person the amount specified thereunder as if it were an arrear of land revenue; or (ii) the Director General or any officer authorised by him (including an officer of Customs who shall then exercise his powers under the Customs Act, 1962) (52 of 1962) and in accordance with the rules made in this behalf, detain any movable or immovable property belo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll, subject to such conditions and requirement as may be prescribed, be liable to confiscation by the Adjudicating Authority. (9) The goods (including the goods connected with services or technology) or the conveyances confiscated under sub-section (8) may be released by the Adjudicating Authority, in such manner and subject to such conditions as may be prescribed, on payment by the person concerned of the redemption charges equivalent to the market value of the goods, or conveyance, as the case may be. ] ------------------------------------ Notes:- 1. Substituted vide Notification S.O. 2099(E), Dated 19/08/2010 , before it was read as:- No export or import shall be made .................. 11. (1) N ..... X X X X Extracts X X X X X X X X Extracts X X X X
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