https://www.taxtmi.com/caselaws?id=106988 The Settlement Commission allowed M/s. Vidhani Tex Pvt. Ltd.'s application under Section 127C(1) of the Customs Act, 1962, directing encashment of the Bank Guarantee and payment of the balance duty amount within 30 days. After verification and final hearing, the Commission settled the duty liability at Rs. 9,51,253, with the applicant required to pay the balance amount within 30 days. Immunity from fines, penalties, and prosecution was granted, with interest capped at 10%. The settlement order would be void if obtained through fraud or misrepresentation. en-us Thu, 07 Nov 2002 00:00:00 +0530 Fri, 16 Mar 2012 18:26:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106988 The Settlement Commission allowed M/s. Vidhani Tex Pvt. Ltd.'s application under Section 127C(1) of the Customs Act, 1962, directing encashment of the Bank Guarantee and payment of the balance duty amount within 30 days. After verification and final hearing, the Commission settled the duty liability at Rs. 9,51,253, with the applicant required to pay the balance amount within 30 days. Immunity from fines, penalties, and prosecution was granted, with interest capped at 10%. The settlement order would be void if obtained through fraud or misrepresentation. Case-Laws Customs Thu, 07 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106988