Voluntary settlement scheme permits payment of duty with penalty to avoid full adjudication, preserving regular proceedings for unpaid portions. An optional voluntary settlement mechanism allows assessees to pay duty with interest and a penal percentage within a prescribed period after receipt of a show cause notice to dispense with adjudication; unpaid portions remain subject to regular proceedings. A corrective amendment authorizes officers other than adjudicating authorities to file appeals on behalf of Commissioners. A retrospective rule treated wire drawing units as assessees for a prior period to regularize input credit, payment treated as duty, and permit downstream credit, without creating new liabilities for units that did not pay.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Voluntary settlement scheme permits payment of duty with penalty to avoid full adjudication, preserving regular proceedings for unpaid portions.
An optional voluntary settlement mechanism allows assessees to pay duty with interest and a penal percentage within a prescribed period after receipt of a show cause notice to dispense with adjudication; unpaid portions remain subject to regular proceedings. A corrective amendment authorizes officers other than adjudicating authorities to file appeals on behalf of Commissioners. A retrospective rule treated wire drawing units as assessees for a prior period to regularize input credit, payment treated as duty, and permit downstream credit, without creating new liabilities for units that did not pay.
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