https://www.taxtmi.com/caselaws?id=104923 Settlement proceedings under the Central Excise scheme turned on whether the applicants made a full and true disclosure and whether the Revenue could sustain the alleged clubbing of clearances through dummy concerns. On the record, the Commission accepted the disclosed admitted liability as the settlement basis, found no sufficient proof of financial flow back or mutuality of interest to treat the concerns as a single unit, and treated the engineer's report as supporting the practical settlement figure. The settlement was accepted subject to payment of interest for delayed remittance, with immunity granted from fine, penalty and prosecution. en-us Mon, 08 Jul 2002 00:00:00 +0530 Thu, 01 Mar 2012 17:44:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104923 Settlement proceedings under the Central Excise scheme turned on whether the applicants made a full and true disclosure and whether the Revenue could sustain the alleged clubbing of clearances through dummy concerns. On the record, the Commission accepted the disclosed admitted liability as the settlement basis, found no sufficient proof of financial flow back or mutuality of interest to treat the concerns as a single unit, and treated the engineer's report as supporting the practical settlement figure. The settlement was accepted subject to payment of interest for delayed remittance, with immunity granted from fine, penalty and prosecution. Case-Laws Central Excise Mon, 08 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104923