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    <title>2007 (6) TMI 487 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE, MUMBAI</title>
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    <description>The Settlement Commission directed the applicant, a 100% EOU, to pay the balance duty and interest, totaling Rs. 3,22,37,717/-. A penalty of Rs. 5,00,000/- was imposed, with immunity granted to co-applicants under the Central Excise Act, 1944. The order highlighted the importance of maintaining separate records for raw materials and warned against fraudulent practices.</description>
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    <pubDate>Fri, 22 Jun 2007 00:00:00 +0530</pubDate>
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      <description>The Settlement Commission directed the applicant, a 100% EOU, to pay the balance duty and interest, totaling Rs. 3,22,37,717/-. A penalty of Rs. 5,00,000/- was imposed, with immunity granted to co-applicants under the Central Excise Act, 1944. The order highlighted the importance of maintaining separate records for raw materials and warned against fraudulent practices.</description>
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