https://www.taxtmi.com/caselaws?id=106975 Full and true disclosure before the Settlement Commission satisfied the statutory requirement for settlement under Section 32F of the Central Excise Act, 1944, enabling the excise duty liability to be quantified and settled on the basis of the admitted demand and amounts already paid. The balance duty was directed to be paid, while the Commission granted consequential relief by waiving penalty and fine, not levying interest, and extending immunity from prosecution for the matters covered by the application. en-us Thu, 24 Oct 2002 00:00:00 +0530 Fri, 16 Mar 2012 17:39:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106975 Full and true disclosure before the Settlement Commission satisfied the statutory requirement for settlement under Section 32F of the Central Excise Act, 1944, enabling the excise duty liability to be quantified and settled on the basis of the admitted demand and amounts already paid. The balance duty was directed to be paid, while the Commission granted consequential relief by waiving penalty and fine, not levying interest, and extending immunity from prosecution for the matters covered by the application. Case-Laws Central Excise Thu, 24 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106975