Bare ActsThe Foreign Trade (Development and Regulation) Act, 1992

Section 11B

Empowering Settlement Commission for regularisation of export obligation default.

Amendment status not verified — confirm the current text below against the official source.

1 [11B. Empowering Settlement Commission for regularisation of export obligation default. -- Settlement of customs duty and interest thereon as ordered by the Settlement Commission as constituted under section 32 of the Central Excise Act, 1944 (1 of 1944), shall be deemed to be a settlement under this Act.]

Section 11B – The Foreign Trade (Development and Regulation) Act, 1992 | DailyLaw.ai