https://www.taxtmi.com/caselaws?id=101552 The case involved misdeclaration of imported goods leading to a duty liability of Rs. 25,18,714. The applicant was eligible for settlement and granted immunity from prosecution under the Customs Act and IPC but not under other Central Acts. Seized goods were to be released upon payment of fines totaling Rs. 13 lakhs. The settlement terms included a provision for voiding the agreement in case of fraud or misrepresentation. en-us Mon, 18 Mar 2002 00:00:00 +0530 Fri, 10 Feb 2012 11:57:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101552 The case involved misdeclaration of imported goods leading to a duty liability of Rs. 25,18,714. The applicant was eligible for settlement and granted immunity from prosecution under the Customs Act and IPC but not under other Central Acts. Seized goods were to be released upon payment of fines totaling Rs. 13 lakhs. The settlement terms included a provision for voiding the agreement in case of fraud or misrepresentation. Case-Laws Customs Mon, 18 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101552