Settlement of Customs Cases: standardised application requiring disclosure, admission of duty and accompanying payment and verification. Form SC (C)-1 prescribes the application procedure for settlement under Section 127B, requiring applicant identification, tax and IEC numbers, particulars of the show cause notice, bills of entry/shipping bills, seizure date if any, a factual statement of issues, and disclosure of duty and interest admitted for settlement with TR-6 challan particulars. The form obliges annexures detailing derivation of additional duty admitted and full disclosure of facts and settlement terms, disclosure of prior or concurrent settlement applications, and a verification declaration confirming truthfulness and absence of parallel appellate proceedings.
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Settlement of Customs Cases: standardised application requiring disclosure, admission of duty and accompanying payment and verification.
Form SC (C)-1 prescribes the application procedure for settlement under Section 127B, requiring applicant identification, tax and IEC numbers, particulars of the show cause notice, bills of entry/shipping bills, seizure date if any, a factual statement of issues, and disclosure of duty and interest admitted for settlement with TR-6 challan particulars. The form obliges annexures detailing derivation of additional duty admitted and full disclosure of facts and settlement terms, disclosure of prior or concurrent settlement applications, and a verification declaration confirming truthfulness and absence of parallel appellate proceedings.
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