Settlement Commission: non-adversarial mechanism requiring full and true disclosure for expedited resolution of tax disputes. The Central Government has constituted the Customs and Central Excise Settlement Commission to settle cases under Chapter V of the Central Excise Act and Chapter XIVA of the Customs Act, with applicability to Service Tax. The Commission provides a non-adversarial settlement mechanism focused on conciliation to avoid protracted litigation. Any assessee may apply in the prescribed manner making Full & True disclosure of undisclosed duty or tax liabilities, how they arose, particulars of goods or services involved, and the additional amount admitted as payable.