https://www.taxtmi.com/caselaws?id=101808 The Commission settled the duty liability at Rs. 2,71,34,660/- after considering the proportionate benefit of Export Obligation fulfilled by 31st March 2001. The Applicant was directed to pay the balance amount in installments with interest. Immunity from prosecution under the Customs Act was granted, but not under the Foreign Trade (D & R) Act. The settlement would be void if obtained by fraud or misrepresentation, and the immunity would be withdrawn if the Applicant failed to comply with the payment schedule or other conditions. en-us Fri, 03 May 2002 00:00:00 +0530 Sat, 11 Feb 2012 11:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101808 The Commission settled the duty liability at Rs. 2,71,34,660/- after considering the proportionate benefit of Export Obligation fulfilled by 31st March 2001. The Applicant was directed to pay the balance amount in installments with interest. Immunity from prosecution under the Customs Act was granted, but not under the Foreign Trade (D & R) Act. The settlement would be void if obtained by fraud or misrepresentation, and the immunity would be withdrawn if the Applicant failed to comply with the payment schedule or other conditions. Case-Laws Customs Fri, 03 May 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101808