https://www.taxtmi.com/caselaws?id=127949 The Settlement Commission found the settlement application admissible under Section 127B of the Customs Act, 1962, as the declaration in the Disembarkation Card sufficed. The Commission determined that the goods in question did not require invocation of Section 123, allowing settlement of baggage cases. The amendments to Section 127B by the Finance Act, 2007, did not affect the application's admissibility. The Commission settled the case with customs duty at Rs. 16,16,728/-, interest at Rs. 2,658/-, imposed a fine of Rs. 2,50,000/-, and a penalty of Rs. 2,00,000/-, granting immunity from prosecution under the Customs Act, 1962, subject to compliance. en-us Wed, 06 May 2009 00:00:00 +0530 Tue, 18 Jul 2017 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127949 The Settlement Commission found the settlement application admissible under Section 127B of the Customs Act, 1962, as the declaration in the Disembarkation Card sufficed. The Commission determined that the goods in question did not require invocation of Section 123, allowing settlement of baggage cases. The amendments to Section 127B by the Finance Act, 2007, did not affect the application's admissibility. The Commission settled the case with customs duty at Rs. 16,16,728/-, interest at Rs. 2,658/-, imposed a fine of Rs. 2,50,000/-, and a penalty of Rs. 2,00,000/-, granting immunity from prosecution under the Customs Act, 1962, subject to compliance. Case-Laws Customs Wed, 06 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127949