[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 50 /2018-Customs (N.T.)
North Block, New
Delhi,
8 th June, 2018
G.S.R. … (E) – In exercise of the powers conferred
by section 122 of the Customs Act, 1962 (52 of 1962), the Central Board of
Indirect Taxes and Customs hereby confers power, for the purposes of adjudging
confiscation or penalty, on the Customs Officer as mentioned in column (2) of
the Table below, in terms of value limit as specified in column (3) of the said
Table, in relation to goods which are liable to confiscation under Chapter XIV
of the said Act:
Table
Sl.
No. |
Customs
Officer |
Value
of goods liable for confiscation |
(1) |
(2) |
(3) |
(1) |
Assistant
Commissioner of Customs or Deputy Commissioner of Customs |
Above
rupees one lakh but not exceeding rupees ten lakhs |
(2) |
A
Gazetted Officer of Customs lower in rank than an Assistant Commissioner of
Customs or Deputy Commissioner of Customs |
Not
exceeding rupees one lakh |
2. This notification shall come into force on the
date of its publication.
[F.
No. 450/117/2009- Cus IV]
(Zubair Riaz)
Director (Customs)
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