https://www.taxtmi.com/caselaws?id=116221 The Settlement Commission for Customs and Central Excise settled a case involving duty amount confusion in an application filed under Section 127B of the Customs Act, 1962. The Commission found the applicant's claim for settlement of additional duty liability reasonable, amounting to Rs. 4,84,472/-, excluding the amount already paid. It deemed the Commissioner's calculated figure of Rs. 5,02,515/- as unreasonable and criticized the Revenue's unsustainable duty calculations lacking documentary evidence. The Commission settled the case under Section 127C(7), requiring the applicant to deposit the balance amount within 30 days, granting immunities from fine, penalty, and prosecution based on cooperation. en-us Tue, 12 Apr 2005 00:00:00 +0530 Sat, 09 Jun 2012 10:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116221 The Settlement Commission for Customs and Central Excise settled a case involving duty amount confusion in an application filed under Section 127B of the Customs Act, 1962. The Commission found the applicant's claim for settlement of additional duty liability reasonable, amounting to Rs. 4,84,472/-, excluding the amount already paid. It deemed the Commissioner's calculated figure of Rs. 5,02,515/- as unreasonable and criticized the Revenue's unsustainable duty calculations lacking documentary evidence. The Commission settled the case under Section 127C(7), requiring the applicant to deposit the balance amount within 30 days, granting immunities from fine, penalty, and prosecution based on cooperation. Case-Laws Customs Tue, 12 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116221