Thursday, 14 June 2018

CBIC withdraws revised monetary limits for high ranking Customs officers for adjudicating confiscations

CBIC withdraws Circular No. 16/2018-Cus specifying monetary limits for adjudication by specified Customs officers in cases liable to confiscation under Chapter XIV of Customs Act; Notes that as a result of such Circular, show cause notices issued previously would need to be amended in terms of revised adjudication powers, which would delay the adjudication proceedings; Show cause notices issued for adjudication of cases falling under Chapter XIV (Section 122(a) of Customs Act) are answerable to Principal Commissioner / Commissioner / Jt. Commissioner without any limits : CBIC Circular

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