S.R.O. 499(I)/2009, Islamabad, the 13th June, 2009

SROS: S.R.O. 499(I)/2009, Islamabad, the 13th June, 2009 S.R.O. 499(I)/2009, Islamabad, the 13th June, 2009:- In exercise of the powers conferred by section 18 of the Customs Act, 1969(IV of 1969), and in super-session of its Notification No. S.R.O. 487(I)/2007 dated 9th June, 2007, the Federal Board of Revenue is pleased to direct that no option shall be given to pay fine in lieu of confiscation in respect of the following goods or classes of goods, namely:- (a) smuggled goods falling under clause(s) of section 2 of the Customs Act, 1969(IV of 1969); (b) lawfully registered conveyance including packages and containers found carrying smuggled goods in false cavities or being used exclusively or wholly for transportation of offending goods under clause(s) of section 2 of the Customs Act, 1969(IV of 1969); or (c) goods imported in violation of section 15 of the Customs Act, 1969(IV of 1969); (d) banned items, goods of Israeli origin and goods of Indian origin other than those importable from India in accordance with the Import Policy Order, for the time being in force; or (e) job lot and stock lot goods; (f) restricted and other items which are subject to procedural requirements under Import Policy Order, for the time being in force unless such condition and procedural requirements are fulfilled; or (g) commodities which are not importable in used or second-hand condition under the Import Policy Order, for the time being in force: Provided that in respect of the following goods or classes of goods where an option is given to pay fine in lieu of confiscation, the quantum of fine in lieu of confiscation in respect of offences specified in column(2) of the Table below shall be at a rate specified in column(3) of that Table and shall be over and above the customs-duties and other taxes and penalties imposed under the relevant law, namely:- TABLE S.No. Description Redemption fine on customs value. (1)(2)(3) 1. Offences related to mis-declaration of,- (a) difference between ascertained and declared weight or quantity subject to the condition that the percentage difference is more than 5%. 20%(b) origin. 20% (c) physical description. 35% (d) value with…