Amendment status not verified — confirm the current text below against the official source.
(1) Where the goods are, or have been, transported by a person in contravention of restrictions or conditions prescribed under section 73 and such goods are not available for seizure under sub-section (1) of section 76, the Commissioner shall, after giving such person a reasonable opportunity of being heard, impose a penalty of a sum not 'exceeding twenty-five per centutn of the value of such goods. (2) The procedure for imposition of penalty as prescribed under section 78 shall apply mutatis mutandis in the matter of imposition or penalty under this section.