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    <title>2004 (8) TMI 600 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
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    <description>The Settlement Commission found the main applicant and co-applicants eligible for immunities from penalties, interest, and prosecution under the Customs Act, 1962, after admitting to duty liability and cooperating with proceedings. The applications were settled under Section 127C(7), adjusting the main applicant&#039;s differential duty liability from an excess payment made earlier. Immunity was granted from confiscation, fines, interest, penalties, and prosecution, with provisions outlined in Section 127H(3). Refund options were provided for the main applicant, and co-applicants were also shielded from penalties and prosecution.</description>
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      <description>The Settlement Commission found the main applicant and co-applicants eligible for immunities from penalties, interest, and prosecution under the Customs Act, 1962, after admitting to duty liability and cooperating with proceedings. The applications were settled under Section 127C(7), adjusting the main applicant&#039;s differential duty liability from an excess payment made earlier. Immunity was granted from confiscation, fines, interest, penalties, and prosecution, with provisions outlined in Section 127H(3). Refund options were provided for the main applicant, and co-applicants were also shielded from penalties and prosecution.</description>
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