https://www.taxtmi.com/caselaws?id=120639 A settlement application under the Central Excise Act was held inadmissible where the applicant sought settlement only of part of the pending duty demand while continuing to contest the balance before the adjudicating authority. The Commission found that selective settlement of five notices, with one notice left to be litigated, did not satisfy the statutory scheme for settlement of the pending proceedings. It also found that the disclosure was not full and true because the total duty liability was understated and the applicant did not accept the re-determination of furnace capacity and the consequential liability. As the statutory precondition for admission was not met, the application was rejected. en-us Fri, 26 Aug 2005 00:00:00 +0530 Mon, 23 Jul 2012 12:25:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120639 A settlement application under the Central Excise Act was held inadmissible where the applicant sought settlement only of part of the pending duty demand while continuing to contest the balance before the adjudicating authority. The Commission found that selective settlement of five notices, with one notice left to be litigated, did not satisfy the statutory scheme for settlement of the pending proceedings. It also found that the disclosure was not full and true because the total duty liability was understated and the applicant did not accept the re-determination of furnace capacity and the consequential liability. As the statutory precondition for admission was not met, the application was rejected. Case-Laws Central Excise Fri, 26 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120639