https://www.taxtmi.com/caselaws?id=120631 The Settlement Commission admitted the application by M/s. Tyrolit Sak Limited, acknowledging the duty liability disclosure not previously revealed to the proper officer. It directed the Revenue to adjust the admitted additional duty liability from encashed amounts via the Bank Guarantee. The Commission maintained its exclusive jurisdiction under Section 127F of the Customs Act, emphasizing the necessity for reassessment before confirming the demand for differential duty, in line with the Supreme Court's precedent in Jacksons Thevara regarding non-compliance with post-importation conditions. en-us Tue, 04 Feb 2003 00:00:00 +0530 Mon, 23 Jul 2012 11:45:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120631 The Settlement Commission admitted the application by M/s. Tyrolit Sak Limited, acknowledging the duty liability disclosure not previously revealed to the proper officer. It directed the Revenue to adjust the admitted additional duty liability from encashed amounts via the Bank Guarantee. The Commission maintained its exclusive jurisdiction under Section 127F of the Customs Act, emphasizing the necessity for reassessment before confirming the demand for differential duty, in line with the Supreme Court's precedent in Jacksons Thevara regarding non-compliance with post-importation conditions. Case-Laws Customs Tue, 04 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120631