Strict penal provisions against those who are concerned in revenue frauds

Penal provisions provided by the law against the revenue fraudsters also very stringent and includes;

  1. In case of gold 3kgs or over jail term of not less than 15 yrs and confiscation of property
  2. In case of frauds involving foreign currency a jail term not less than 15 years and confiscation of property
  3. In case of revenue frauds involving made up garments [depending on the number of articles] jail term varies from one year to 15 years and includes the confiscation of property
  4. In case of electronic and electrical goods [depending on the number of items] imported defrauding the government revenue, the jail terms again varies from one year to 15 years
  5. In cases where the intention to defraud the government revenue is established, in addition to forfeiture of the goods involved in the fraud the person concerned is also liable to a further forfeiture up to the treble to values of the goods so imported or exported by defrauding the government revenue

The overriding objective of these stringent measures are to protect the government revenue, the lifeline of any government without which no government can function and raise finance required to run the government business as required by the Constitution.  Unfortunately, knowingly or otherwise, the former CJ pretended that he was unaware of these provisions set out by law against the government revenue fraudsters.

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