Penalties for higher emission levels
Representative image - car pollution Eight automakers fined for higher emissions levels for violating CAFE standards In an effort to significantly reduce the environmental impact of vehicle emissions, the Indian government tightened Corporate Average Fuel Efficiency (CAFE) norms in January 2023. Under this directive, car manufacturers must ensure that the average fuel consumption of the fleet does not exceed 4.78 marked liters per 100 kilometers. CO2 emissions are also limited to 113g/km. Under this mandate, eight car manufacturers have been found to have violated these norms. and resulted in hefty penalties for higher emission levels - up to Rs 7,300 crore in fines imposed on eight automakers. Based on the fines levied, Hyundai Motor is expected to face a penalty of Rs 2,837.8 billion. This was followed by Mahindra (Rs 1,788.4 crore), Kia (Rs 1,346.2 crore), Honda (Rs 4.577 billion), Renault (Rs 4.383 billion), Skoda (Rs 2.483 billion), Nissan (Rs. 1.723 billion) and Force Motor (Rs. 1.8 billion). millions). Penalties…
Ford backup camera issue costs automaker $165 million
The Ford backup camera recall sparked a federal investigation and resulted in $165 million in fines. November 17, 2024 — Ford's backup camera issues led to a recall that has now cost Ford $165 million for not complying with federal recall requirements. Ford announced a recall of more than 620,000 such vehicles in the United States in September 2020 2020 Ford F-150 2020 Ford F-250 2020 Ford F-350 2020 Ford F-450 2020 Ford F-550 2020 Ford Explorer 2020 Ford Mustang 2020 Ford Transit 2020 Ford Expedition 2020 Ford Escape 2020 Ford Ranger 2020 Ford Edge 2020 Lincoln Nautilus 2020 Lincoln Corsair 2020 Lincoln MKX Ford said the camera issue was caused by a conductive fault in the backup camera's printed circuit board. The backup camera, supplied by Magna Electronics, appears to be a part-time job, leaving drivers guessing about what's behind the vehicle. Nearly a year after Ford announced a recall for its backup cameras, the National Highway Traffic Safety…
Flexible penalties are a new tool in VSD
The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) announced changes to its guidance on the Voluntary Self-Disclosure (“VSD”) process and penalties under the Export Administration Regulations (“EAR”). The final rule, confirmed in a notice dated September 16, 2024, is intended to provide BIS with greater flexibility in determining penalties and streamline the VSD submission process for companies. Adjustments to earlier interim rules encouraging VSD appear to indicate BIS policy... Continue reading Subscription features Export Compliance Manager With insights and solutions, solve the problems and challenges that keep trade compliance professionals up at night. Export Compliance Manager Share the expertise of experienced professionals to educate readers on best practices in trade compliance and help realize real business advantage. Export Compliance Manager Recognizes trade compliance professionals for their valuable contributions to their companies, communities and international security. Subscribe login The post Flexible Penalties, New Tool in VSD appeared first on Export Compliance Manager.
About Value, Duties and Penalties…
By Shawna Karajic, Export Solutions Inc. In 1789, Benjamin Franklin wrote in a letter to Jean-Baptiste Leroy, "...in this world nothing is certain except death and taxes." Nothing is more true than when you are trying to import goods from another country. If you don't fill out all the elements of your import declaration correctly, you may end up paying some additional duties (taxes) to U.S. Customs. There are several elements on an import commercial invoice that need to be accurate, but in this blog, I will focus on the value. Why do your values need to be accurate? Valuation is an important part of import declarations. U.S. Customs has several informed compliance publications that address value, determining value, how commissions are factored into value, and appropriate deductions. These publications are listed below. Your value needs to be accurate because that's how duties and taxes are determined based on your classification. For example, if you import a men's knitted wool…
Peru: Aviation Violations and Penalties Act,
Failure to renew or modify aircraft used for commercial aviation services in accordance with environmental protection and noise protection regulations or restrictions set by the Directorate General of Civil Aviation (DGAC)Very severe(A) 30 to 950 Peruvian Tax Units (UIT)(B) 10 to 300 UITFailure to meet aircraft/engine noise certification standards (acoustic approval criteria)Very severe(A) 30 to 950 UIT(B) 10 to 300 UITAffects the normal development of community life and environmental protection as stipulated in laws, regulations, technical annex "Environmental Protection" and/or DGAC regulationsVery severe(A) 30 to 950 UIT(B) 10 to 300 UITFailure to comply with established noise abatement limits and/or failure to follow noise abatement operating procedures as outlined in the Airport and Route Manuals and corresponding AIPs (Aeronautical Information Publications)Very severe(A) 30 to 950 UIT(B) 10 to 300 UITFailure to dispose of hazardous materials and/or foreign matter on airport surfaces; allowing the handling and/or storage, disposal and treatment of hazardous materials and/or flammable liquids at the airport; failure to comply…
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