https://www.taxtmi.com/caselaws?id=96459 The Commission found M/s. Manhar Audiotronics liable for underinvoicing and evasion of customs duty, ordering payment of Rs. 27,67,904, with Rs. 10,00,000 already paid. The applicant admitted duty liability of Rs. 4,60,078, recalculated to Rs. 4,66,827 due to an error. Payment of Rs. 3,00,000 was agreed for additional Bills of Entry. A penalty of Rs. 1,00,000 was imposed with immunity from prosecution granted upon full payment within 30 days. Failure to comply would result in withdrawal of immunity. Full disclosure and cooperation were emphasized in the settlement process. en-us Thu, 02 Aug 2001 00:00:00 +0530 Wed, 21 Dec 2011 18:06:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96459 The Commission found M/s. Manhar Audiotronics liable for underinvoicing and evasion of customs duty, ordering payment of Rs. 27,67,904, with Rs. 10,00,000 already paid. The applicant admitted duty liability of Rs. 4,60,078, recalculated to Rs. 4,66,827 due to an error. Payment of Rs. 3,00,000 was agreed for additional Bills of Entry. A penalty of Rs. 1,00,000 was imposed with immunity from prosecution granted upon full payment within 30 days. Failure to comply would result in withdrawal of immunity. Full disclosure and cooperation were emphasized in the settlement process. Case-Laws Customs Thu, 02 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96459