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of <h1>Gujarat High Court affirms Settlement Commission's decision on customs duty for Texturising Machines</h1> <h3>MAHENDRA PETROCHEMICALS LTD. Versus UNION OF INDIA</h3> The High Court of Gujarat upheld the Settlement Commission's decision on customs duty for imported Texturising Machines. The petitioners were required to ... Settlement Commission - Powers The High Court of Gujarat at Ahmedabad upheld the Settlement Commission's decision regarding customs duty on imported Texturising Machines. The petitioners were asked to pay the balance duty amount as they did not export goods of equivalent value. The Settlement Commission settled the duty at Rs. 33,17,545, and rejected the petitioners' request for credit of CVD. The court dismissed the petition, stating that once a customs liability is settled, there is no need for further interference.
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