https://www.taxtmi.com/caselaws?id=122276 The Settlement Commission settled the matter under Section 32F(7) of the Central Excise Act, 1944. The duty liability of Rs. 11,99,228 was confirmed, with the applicant depositing the same amount and claiming CENVAT credit. The applicant was directed to pay simple interest on the delayed duty payment but granted full immunities from penalty and prosecution under the Act and related Rules. Immunities would be withdrawn if any material particular was concealed, false evidence was given, or fraud was detected. en-us Tue, 20 Mar 2007 00:00:00 +0530 Thu, 09 Aug 2012 18:40:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122276 The Settlement Commission settled the matter under Section 32F(7) of the Central Excise Act, 1944. The duty liability of Rs. 11,99,228 was confirmed, with the applicant depositing the same amount and claiming CENVAT credit. The applicant was directed to pay simple interest on the delayed duty payment but granted full immunities from penalty and prosecution under the Act and related Rules. Immunities would be withdrawn if any material particular was concealed, false evidence was given, or fraud was detected. Case-Laws Central Excise Tue, 20 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122276