https://www.taxtmi.com/caselaws?id=122470 The Settlement Commission rejected the settlement application filed by M/s. Aranthangi Chemicals Pvt. Limited and related parties due to the lack of full and true disclosure regarding alleged clandestine clearances of Precipitated Calcium Carbonate (PCC) without duty payment. Despite partial admission of duty liability, the Commission found insufficient evidence to support the applicant's contentions, leading to the rejection of the application under Section 32E of the Central Excise Act. The decision was based on the requirement of full and candid cooperation in settlement applications, as highlighted by legal precedents and court observations. en-us Wed, 18 Jan 2006 00:00:00 +0530 Mon, 13 Aug 2012 18:40:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122470 The Settlement Commission rejected the settlement application filed by M/s. Aranthangi Chemicals Pvt. Limited and related parties due to the lack of full and true disclosure regarding alleged clandestine clearances of Precipitated Calcium Carbonate (PCC) without duty payment. Despite partial admission of duty liability, the Commission found insufficient evidence to support the applicant's contentions, leading to the rejection of the application under Section 32E of the Central Excise Act. The decision was based on the requirement of full and candid cooperation in settlement applications, as highlighted by legal precedents and court observations. Case-Laws Central Excise Wed, 18 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122470