https://www.taxtmi.com/caselaws?id=119983 The Commission settled the case involving default in Central Excise duty payment by M/s. Orissa Industries Ltd. The duty amount of Rs. 19,29,928/- was confirmed, with recovery ordered. Despite using Cenvat credit during forfeiture, the applicant was granted immunity from interest, penalty, and prosecution under Section 32K(1) of the Central Excise Act, 1944, due to full disclosure and cooperation. Compliance with settlement conditions was required to maintain immunity. en-us Mon, 11 Sep 2006 00:00:00 +0530 Mon, 16 Jul 2012 10:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119983 The Commission settled the case involving default in Central Excise duty payment by M/s. Orissa Industries Ltd. The duty amount of Rs. 19,29,928/- was confirmed, with recovery ordered. Despite using Cenvat credit during forfeiture, the applicant was granted immunity from interest, penalty, and prosecution under Section 32K(1) of the Central Excise Act, 1944, due to full disclosure and cooperation. Compliance with settlement conditions was required to maintain immunity. Case-Laws Central Excise Mon, 11 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119983