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    <title>2003 (4) TMI 425 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
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    <description>In settlement proceedings under Section 32E of the Central Excise Act, admitted duty liability may be settled where the applicants make full and true disclosure and cooperate with the Commission; the dispute was confined to the admitted amount already paid, and no further duty was required. The Commission may also grant immunity from fine, penalty and prosecution on those facts, while still directing payment of interest where duty had been withheld; interest was therefore ordered to be calculated and paid within the time specified.</description>
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    <pubDate>Wed, 30 Apr 2003 00:00:00 +0530</pubDate>
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      <description>In settlement proceedings under Section 32E of the Central Excise Act, admitted duty liability may be settled where the applicants make full and true disclosure and cooperate with the Commission; the dispute was confined to the admitted amount already paid, and no further duty was required. The Commission may also grant immunity from fine, penalty and prosecution on those facts, while still directing payment of interest where duty had been withheld; interest was therefore ordered to be calculated and paid within the time specified.</description>
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