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    <title>2002 (8) TMI 433 - SETTLEMENT COMMISSION, CUSTOMS &amp; CENTRAL EXCISE, C</title>
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    <description>The Settlement Commission rejected the applications due to the applicant&#039;s failure to provide a full and true disclosure of duty liability and explain how it was incurred. The Commission found that the applicant did not admit guilt or adequately explain the alleged under-valuation of imported goods. Despite claiming discounts from the foreign supplier, the applicant lacked sufficient evidence to support this assertion. As a result, the applications were rejected, including those filed by the co-applicant.</description>
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      <description>The Settlement Commission rejected the applications due to the applicant&#039;s failure to provide a full and true disclosure of duty liability and explain how it was incurred. The Commission found that the applicant did not admit guilt or adequately explain the alleged under-valuation of imported goods. Despite claiming discounts from the foreign supplier, the applicant lacked sufficient evidence to support this assertion. As a result, the applications were rejected, including those filed by the co-applicant.</description>
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