https://www.taxtmi.com/caselaws?id=122020 The Tribunal settled the case by acknowledging the applicant's admitted duty liability and rejecting the Revenue's broader claims of undervaluation and related person concept. The Tribunal granted partial immunity from interest and full immunity from penalties and prosecution, emphasizing the need for corroborative evidence and rejecting assumptions in duty calculations. The duty liability was settled at Rs. 7,58,378/-, already paid by the applicant, with instructions for the Department to calculate and communicate any remaining interest for payment. en-us Fri, 09 Dec 2005 00:00:00 +0530 Wed, 08 Aug 2012 10:17:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122020 The Tribunal settled the case by acknowledging the applicant's admitted duty liability and rejecting the Revenue's broader claims of undervaluation and related person concept. The Tribunal granted partial immunity from interest and full immunity from penalties and prosecution, emphasizing the need for corroborative evidence and rejecting assumptions in duty calculations. The duty liability was settled at Rs. 7,58,378/-, already paid by the applicant, with instructions for the Department to calculate and communicate any remaining interest for payment. Case-Laws Central Excise Fri, 09 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122020