https://www.taxtmi.com/caselaws?id=107741 The Settlement Commission rejected the applicant's request for settlement of duty liability under the DEEC Scheme for importing brass scrap due to failure to disclose duty liability exceeding Rs. 2.00 lakhs, as required by Section 127B of the Customs Act. The Commission found discrepancies in the application and the applicant's claim of no duty liability, deeming it unfit for proceedings under Section 127C(1) of the Customs Act, 1962. The judgment emphasized the necessity of accurate disclosure of duty liability exceeding the specified threshold when seeking settlement before the Settlement Commission, highlighting compliance with statutory requirements. en-us Tue, 08 Jul 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:45:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107741 The Settlement Commission rejected the applicant's request for settlement of duty liability under the DEEC Scheme for importing brass scrap due to failure to disclose duty liability exceeding Rs. 2.00 lakhs, as required by Section 127B of the Customs Act. The Commission found discrepancies in the application and the applicant's claim of no duty liability, deeming it unfit for proceedings under Section 127C(1) of the Customs Act, 1962. The judgment emphasized the necessity of accurate disclosure of duty liability exceeding the specified threshold when seeking settlement before the Settlement Commission, highlighting compliance with statutory requirements. Case-Laws Customs Tue, 08 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107741