https://www.taxtmi.com/caselaws?id=121981 In clandestine clearance matters, cum-duty price benefit is unavailable unless contemporaneous documents show that duty formed part of the sale price at the time of clearance; where such evidence is absent, the duty claim is not reduced on that basis. In settlement proceedings before the Customs and Central Excise Settlement Commission, full disclosure and cooperation may justify determination of the settlement amount under Section 32F, together with waiver of interest and penalty, immunity from prosecution, and immunity from penalty for co-noticees. The document also notes that securities are discharged on compliance with the settlement order. en-us Tue, 20 Mar 2001 00:00:00 +0530 Tue, 07 Aug 2012 17:00:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121981 In clandestine clearance matters, cum-duty price benefit is unavailable unless contemporaneous documents show that duty formed part of the sale price at the time of clearance; where such evidence is absent, the duty claim is not reduced on that basis. In settlement proceedings before the Customs and Central Excise Settlement Commission, full disclosure and cooperation may justify determination of the settlement amount under Section 32F, together with waiver of interest and penalty, immunity from prosecution, and immunity from penalty for co-noticees. The document also notes that securities are discharged on compliance with the settlement order. Case-Laws Central Excise Tue, 20 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121981