Foreign Trade (Development and Regulation) Act, 1992 · Chapter IV: Search, Seizure, Penalty and Confiscation
Section 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.]
Source: India Code (indiacode.gov.in), the consolidated text published by the Legislative Department, Government of India. Text as updated on India Code on 14 October 2026. Words in square brackets [ ] were inserted or substituted by later amending Acts, and *** marks words omitted by an amendment. The amendment footnotes are not reproduced here. Official text on India Code.
Supreme Court judgments citing the section 11B
No Supreme Court judgment in our database cites this section yet.