https://www.taxtmi.com/caselaws?id=107739 The Settlement Commission, Customs and Central Excise, resolved a case involving M/s. Malini Textiles Pvt. Ltd. for clearing blended yarn at a lower duty rate than required. The Commission interpreted Section 4(4)(d)(ii) of the Central Excise Act, 1944, allowing for duty abatement even in cases of clandestine clearance. Despite disputes over valuation methods, the Commission settled the matter by determining the duty owed, granting immunity from penalties and prosecution, and emphasizing the significance of disclosure and cooperation in such proceedings. en-us Fri, 04 Jul 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107739 The Settlement Commission, Customs and Central Excise, resolved a case involving M/s. Malini Textiles Pvt. Ltd. for clearing blended yarn at a lower duty rate than required. The Commission interpreted Section 4(4)(d)(ii) of the Central Excise Act, 1944, allowing for duty abatement even in cases of clandestine clearance. Despite disputes over valuation methods, the Commission settled the matter by determining the duty owed, granting immunity from penalties and prosecution, and emphasizing the significance of disclosure and cooperation in such proceedings. Case-Laws Central Excise Fri, 04 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107739