The Customs Act

Conveyances and goods in a customs area subject to control of officers of customs

Recovery of sums due to Government

Liability under Act to be first charge

Power to allow import or export on execution of bonds in certain cases

Omitted.

Power to simplify or provide different procedure, etc., to facilitate trade

Power to take samples

Owner, etc., to perform operations incidental to compliance with customs law

Licence for Customs brokers

Appearance by authorised representative

Liability of principal and agent

Liability of agent appointed by the person in charge of a conveyance

Amendment of documents

Procedure for sale of goods and application of sale proceeds

Certain officers required to assist officers of customs

Instructions to officers of customs

Reciprocal arrangement for exchange of information facilitating trade

Delegation of powers

Modes for service of notice, order, etc

Correction of clerical errors, etc

Rounding off of duty, etc

Publication of information respecting persons in certain cases

Protection of action taken under the Act

General power to make rules

General power to make regulations

Provisions with respect to rules and regulations

Rules, certain notifications and orders to be laid before Parliament

Effect of amendments, etc., of rules, regulations, notifications or orders

Repeal and savings

Removal of difficulties


MISCELLANEOUS


1[154A. Rounding off of duty, etc.--The amount of duty, interest, penalty, fine or any other sum
payable, and the amount of refund, drawback or any other sum due, under the provisions of this Act shall
be rounded off to the nearest rupee and, for this purpose, where such amount contains a part of a rupee
consisting of paise then, if such part is fifty paise or more, it shall be increased to one rupee and if such
part is less than fifty paise it shall be ignored.]

LAWGIST

# 154A Rounding off of duty, etc