https://www.taxtmi.com/caselaws?id=254266 A settlement applicant under Chapter XIVA of the Customs Act must make a full and true disclosure and cooperate with the Settlement Commission, because the process is non-adversarial. Here, the applicants had accepted the duty and interest reflected in the show cause notice and the customs report, and the valuation dispute was not being contested on that basis. However, a purchase invoice later relied on in court had not been placed before the Commission. The HC held that the Commission should consider that invoice and reassess the settlement application on all issues. The rejection was set aside and the matter restored for fresh consideration. en-us Wed, 11 Dec 2013 00:00:00 +0530 Wed, 17 Dec 2014 11:00:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254266 A settlement applicant under Chapter XIVA of the Customs Act must make a full and true disclosure and cooperate with the Settlement Commission, because the process is non-adversarial. Here, the applicants had accepted the duty and interest reflected in the show cause notice and the customs report, and the valuation dispute was not being contested on that basis. However, a purchase invoice later relied on in court had not been placed before the Commission. The HC held that the Commission should consider that invoice and reassess the settlement application on all issues. The rejection was set aside and the matter restored for fresh consideration. Case-Laws Customs Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254266