Settlement procedure: new Form SC (E)-2 enables applications and requires full application transmission to the Commissioner. Amendments add Form SC (E)-2 for applications under sub section (5) of section 32E, update rule references to permit Form SC (E)-1 or SC (E)-2 as applicable, and substitute the disclosure rule to require the Settlement Commission to forward the applicant's application together with annexures, statements and accompanying documents to the Commissioner of Central Excise when calling for a report under sub section (3) of section 32F. Form SC (E)-2 prescribes applicant identification, notice particulars, facts and issues for settlement, verification, annexures and bank payment instructions.
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Settlement procedure: new Form SC (E)-2 enables applications and requires full application transmission to the Commissioner.
Amendments add Form SC (E)-2 for applications under sub section (5) of section 32E, update rule references to permit Form SC (E)-1 or SC (E)-2 as applicable, and substitute the disclosure rule to require the Settlement Commission to forward the applicant's application together with annexures, statements and accompanying documents to the Commissioner of Central Excise when calling for a report under sub section (3) of section 32F. Form SC (E)-2 prescribes applicant identification, notice particulars, facts and issues for settlement, verification, annexures and bank payment instructions.
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