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    <title>2005 (7) TMI 546 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
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    <description>The settlement application regarding duty evasion was admitted by the Settlement Commission. The applicants admitted to Central Excise duty evasion and storage of excess Sponge Iron, agreeing to pay the demanded amount. The Commission considered submissions from both parties, granting immunity from penalties and prosecution while adjusting the duty amount from the deposit. The Commission acquired jurisdiction, requisitioned records, and provided directions for appropriation of the duty amount.</description>
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      <link>https://www.taxtmi.com/caselaws?id=118106</link>
      <description>The settlement application regarding duty evasion was admitted by the Settlement Commission. The applicants admitted to Central Excise duty evasion and storage of excess Sponge Iron, agreeing to pay the demanded amount. The Commission considered submissions from both parties, granting immunity from penalties and prosecution while adjusting the duty amount from the deposit. The Commission acquired jurisdiction, requisitioned records, and provided directions for appropriation of the duty amount.</description>
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