LexSection 11B — Empowering Settlement Commission for regularisation of export obligation default.
The Foreign Trade (Development and Regulation) Act, 1992
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.]Open in Lexace · Ask the AI about this section