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    <title>2006 (5) TMI 346 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,</title>
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    <description>The Commission granted immunity to the applicant from interest exceeding Rs. 15,448/-, full penalty, personal penalty to the co-applicant, and prosecution under Section 32K of the Central Excise Act, 1944. The applicant cooperated, admitted fault, and deposited the entire duty liability of Rs. 7,15,029/-. The Commission considered the financial position of the applicant, cooperation during proceedings, and true disclosure in settling the case. The Revenue was directed to appropriate the deposited amounts accordingly, and the case was disposed of based on the granted immunities and settlements.</description>
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      <link>https://www.taxtmi.com/caselaws?id=119192</link>
      <description>The Commission granted immunity to the applicant from interest exceeding Rs. 15,448/-, full penalty, personal penalty to the co-applicant, and prosecution under Section 32K of the Central Excise Act, 1944. The applicant cooperated, admitted fault, and deposited the entire duty liability of Rs. 7,15,029/-. The Commission considered the financial position of the applicant, cooperation during proceedings, and true disclosure in settling the case. The Revenue was directed to appropriate the deposited amounts accordingly, and the case was disposed of based on the granted immunities and settlements.</description>
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