https://www.taxtmi.com/caselaws?id=123813 The Settlement Commission found the applicant partially responsible for fraudulent evasion of export duty/cess due to lack of evidence against the alleged mastermind. Despite this, immunities were granted under section 127H of the Customs Act, 1962, including immunity from penalty exceeding Rs. 50,000 to the applicant, immunity from penalty to co-applicants, and immunity from prosecution to all parties involved. The settlement terms required settling the duty/cess amount, paying interest, and warned that the settlement would be void if obtained through fraud or misrepresentation. en-us Mon, 23 Jun 2008 00:00:00 +0530 Sat, 02 Feb 2013 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123813 The Settlement Commission found the applicant partially responsible for fraudulent evasion of export duty/cess due to lack of evidence against the alleged mastermind. Despite this, immunities were granted under section 127H of the Customs Act, 1962, including immunity from penalty exceeding Rs. 50,000 to the applicant, immunity from penalty to co-applicants, and immunity from prosecution to all parties involved. The settlement terms required settling the duty/cess amount, paying interest, and warned that the settlement would be void if obtained through fraud or misrepresentation. Case-Laws Customs Mon, 23 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123813