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Amendment in CBEC Prosecution System

Dated:- 5-12-2015 - The Government has noted that the Central Board of Excise and Customs (CBEC) has reviewed the monetary limits for assets and its guidelines for prosecution in matters relating to offences punishable under CBEC. Revised guidelines for arrest and bail and for launching prosecution, in relation to offences punishable under the Customs Act, 1962, the Central Excise Act, 1944 and the Finance Act, 1994 (Service Tax cases) have been issued vide Circular No. 27/2015-Cus., and 28/2015 .....

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rade goods (i.e., appraising cases) involving willful mis-declaration in description of goods/concealment of goods, the value of goods is revised to ₹ 1 crore from ₹ 50 lakh. ii) In cases of fraudulent availment of drawback or attempt to avail of drawback or any exemption from duty, such amount or drawback or exemption is raised to ₹ 1 crore from ₹ 50 lakh. iii) In cases involving un-authorized importation in baggage/cases under Transfer of residence rules and outright sm .....

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