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    <title>2002 (4) TMI 299 - SETTLEMENT COMMISSION, CUSTOMS &amp; CENTRAL EXCISE, M</title>
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    <description>Duty liability for removal of imported CRGO sheets was settled at a revised amount after the Revenue reworked the calculation on the basis of unused imported goods and the applicant accepted the revised computation. The Commission treated the revised duty of Rs. 7,85,732 as payable and required the balance to be paid within the stipulated time. On the facts, where the applicant had substantially paid duty before notice, made full and true disclosure, and cooperated throughout the settlement proceedings, immunity from penalty, interest and prosecution was granted as consequential relief.</description>
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    <pubDate>Thu, 11 Apr 2002 00:00:00 +0530</pubDate>
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      <description>Duty liability for removal of imported CRGO sheets was settled at a revised amount after the Revenue reworked the calculation on the basis of unused imported goods and the applicant accepted the revised computation. The Commission treated the revised duty of Rs. 7,85,732 as payable and required the balance to be paid within the stipulated time. On the facts, where the applicant had substantially paid duty before notice, made full and true disclosure, and cooperated throughout the settlement proceedings, immunity from penalty, interest and prosecution was granted as consequential relief.</description>
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