Compounding of Offences Section 137 by Viren C. Dayal

Описание: In today’s video, Mr. Viren C. Dayal, Instructor, JBS Academy Private Limited guides about ‘Compounding of Offences Section 137’. This video is focused on criminal side of the Customs Act. In this video learn about:
What are offences and offending goods?
Process followed before the goods are confiscated and the title is passed on to the Government.
Two liabilities that arise for any offending good under the Customs Act i.e. Civil liability or Criminal liability.
Chapter 16 of the Customs Act, 1962
Who is empowered to carry out criminal prosecution?
Section 137 of the Customs Act - Cognizance of offense
Criminal offense committed by an Officer of Customs
Compounding of Offenses under subsection 3 of section 137
Procedure for Compounding of offences
Importers and exporters should be aware of these provisions as any import or export done, which is not compliant with the Indian laws can many a times lead to a criminal interface and also lead to imprisonment.
To further learn in detail about ‘Compounding of Offences Section 137’, do watch the video.

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