https://www.taxtmi.com/caselaws?id=108483 The applicants, M/s. Ralson Carbon Black Ltd. and its Director, settled a dispute under Section 32E of the Central Excise Act concerning a Show Cause Notice for evasion of excise duty. They admitted the duty liability of Rs. 13,27,896, already paid, and were granted immunity from fines and penalties. Seized goods were released, and immunity from prosecution was provided. Interest payment under Section 11AC was ordered at 10%, with excess interest waived. The settlement was deemed valid unless obtained through fraud or misrepresentation. en-us Wed, 30 Apr 2003 00:00:00 +0530 Sat, 31 Mar 2012 18:02:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108483 The applicants, M/s. Ralson Carbon Black Ltd. and its Director, settled a dispute under Section 32E of the Central Excise Act concerning a Show Cause Notice for evasion of excise duty. They admitted the duty liability of Rs. 13,27,896, already paid, and were granted immunity from fines and penalties. Seized goods were released, and immunity from prosecution was provided. Interest payment under Section 11AC was ordered at 10%, with excess interest waived. The settlement was deemed valid unless obtained through fraud or misrepresentation. Case-Laws Central Excise Wed, 30 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108483