https://www.taxtmi.com/caselaws?id=115512 The Settlement Commission settled the case involving failure to fulfill export obligations under the EPCG Scheme. The applicant admitted the duty liability and settled the customs duty at Rs. 57,82,963/-, with a balance of Rs. 29,73,963/- to be paid within 30 days. The Commission granted immunity from penalty and prosecution under Section 127H(1) of the Act, subject to the condition that the settlement would be void if obtained by fraud or misrepresentation. Interest was to be paid by the applicant as per prescribed rates. en-us Wed, 20 Jul 2005 00:00:00 +0530 Wed, 30 May 2012 16:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115512 The Settlement Commission settled the case involving failure to fulfill export obligations under the EPCG Scheme. The applicant admitted the duty liability and settled the customs duty at Rs. 57,82,963/-, with a balance of Rs. 29,73,963/- to be paid within 30 days. The Commission granted immunity from penalty and prosecution under Section 127H(1) of the Act, subject to the condition that the settlement would be void if obtained by fraud or misrepresentation. Interest was to be paid by the applicant as per prescribed rates. Case-Laws Customs Wed, 20 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115512