Customs: Threshold limit of value of goods for launching of Prosecution, Arrest & Bail in relation to cases of importation & exportation of trade goods and fraudulent availment of drawback or attempt to avail of drawback or any exemption from duty provided under the Customs Act 1962, has been increased from ₹ 1 Crores to ₹ 2 Crores.(17.08.2022)

Customs:

Threshold limit of value of goods for launching of Prosecution, Arrest & Bail in relation to cases of importation & exportation of trade goods and fraudulent availment of drawback or attempt to avail of drawback or any exemption from duty provided under the Customs Act 1962, has been increased from ₹ 1 Crores to ₹ 2 Crores.

[Circular No.  12/2022-Customs & 13/2022-Customs dated 16^th August 2022]