https://www.taxtmi.com/caselaws?id=118694 Compliance with the Settlement Commission's admission order and payment of the directed amount led to settlement of the admitted customs and excise duty liability, as the Revenue failed to conclusively rebut the applicant's evidence supporting receipt of the capital goods and the disputed Modvat credit. On that basis, the remaining duty controversy was treated as resolved with no further duty payable. The Commission also granted immunity from interest, penalty and prosecution to the applicant and co-applicants, relying on the applicant's compliance and cooperation in the settlement proceedings. en-us Thu, 17 Feb 2005 00:00:00 +0530 Thu, 05 Jul 2012 11:33:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118694 Compliance with the Settlement Commission's admission order and payment of the directed amount led to settlement of the admitted customs and excise duty liability, as the Revenue failed to conclusively rebut the applicant's evidence supporting receipt of the capital goods and the disputed Modvat credit. On that basis, the remaining duty controversy was treated as resolved with no further duty payable. The Commission also granted immunity from interest, penalty and prosecution to the applicant and co-applicants, relying on the applicant's compliance and cooperation in the settlement proceedings. Case-Laws Central Excise Thu, 17 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118694