https://www.taxtmi.com/caselaws?id=120656 Admission to settlement under the excise settlement scheme requires a true and full disclosure of the applicant's own involvement and all material facts. Here, the records and the applicant's statement indicated unaccounted removals under his supervision and knowledge of the sales and cash collection process, yet the application contained no material disclosure of the alleged activities and the statement was not retracted. The statutory requirement for admission was therefore not met, and the settlement application was not admissible under Section 32F(1) of the Central Excise Act, 1944. en-us Thu, 31 Aug 2006 00:00:00 +0530 Mon, 23 Jul 2012 13:21:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120656 Admission to settlement under the excise settlement scheme requires a true and full disclosure of the applicant's own involvement and all material facts. Here, the records and the applicant's statement indicated unaccounted removals under his supervision and knowledge of the sales and cash collection process, yet the application contained no material disclosure of the alleged activities and the statement was not retracted. The statutory requirement for admission was therefore not met, and the settlement application was not admissible under Section 32F(1) of the Central Excise Act, 1944. Case-Laws Central Excise Thu, 31 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120656