https://www.taxtmi.com/article/detailed?id=381 A specialized Settlement Commission receives verified pre-adjudication applications disclosing full duty liability and admitted short-levy particulars, subject to filing formalities, payment of additional duty with interest, and prior receipt of a show cause notice. Upon admission, the Commission summons reports from Commissioners, may direct further inquiry, conducts private hearings, and issues a conclusive order detailing settlement terms including duty, interest, penalty treatment, payment method and voidance for fraud; it also exercises powers such as provisional attachment, reopening proceedings, granting immunity, and remitting cases to excise officers. en-us Thu, 04 Jun 2009 00:00:00 +0530 Thu, 04 Jun 2009 17:05:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=381 A specialized Settlement Commission receives verified pre-adjudication applications disclosing full duty liability and admitted short-levy particulars, subject to filing formalities, payment of additional duty with interest, and prior receipt of a show cause notice. Upon admission, the Commission summons reports from Commissioners, may direct further inquiry, conducts private hearings, and issues a conclusive order detailing settlement terms including duty, interest, penalty treatment, payment method and voidance for fraud; it also exercises powers such as provisional attachment, reopening proceedings, granting immunity, and remitting cases to excise officers. Articles Central Excise Thu, 04 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=381