https://www.taxtmi.com/caselaws?id=119915 The Settlement Commission for Customs and Central Excise allowed the Applicant's application for settlement of duty liability under the Customs Act, 1962. The Applicant was directed to pay the balance amount of Rs. 33,92,832 within 60 days, with simple interest at 10% per annum on the unpaid amount. Immunity from interest, fines, penalties, and prosecution was granted to the Applicant and co-applicants, provided all material particulars were disclosed truthfully. en-us Mon, 24 Jul 2006 00:00:00 +0530 Sat, 14 Jul 2012 11:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119915 The Settlement Commission for Customs and Central Excise allowed the Applicant's application for settlement of duty liability under the Customs Act, 1962. The Applicant was directed to pay the balance amount of Rs. 33,92,832 within 60 days, with simple interest at 10% per annum on the unpaid amount. Immunity from interest, fines, penalties, and prosecution was granted to the Applicant and co-applicants, provided all material particulars were disclosed truthfully. Case-Laws Customs Mon, 24 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119915