https://www.taxtmi.com/caselaws?id=255375 The court rejected the petitioner's application for settlement under Section 32E of the Central Excise Act, 1944, due to non-compliance with statutory conditions. The seized cash amount was deemed to be proceeds from clandestinely cleared goods, making it ineligible for settlement. The petitioner was allowed to file a fresh application upon payment of admitted duty and interest. The court directed the petitioner to seek provisional release of the seized cash under Section 110A of the Customs Act, 1962, emphasizing compliance with legal provisions and the authority's role in decision-making. en-us Wed, 13 Aug 2014 00:00:00 +0530 Thu, 15 Jan 2015 13:24:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255375 The court rejected the petitioner's application for settlement under Section 32E of the Central Excise Act, 1944, due to non-compliance with statutory conditions. The seized cash amount was deemed to be proceeds from clandestinely cleared goods, making it ineligible for settlement. The petitioner was allowed to file a fresh application upon payment of admitted duty and interest. The court directed the petitioner to seek provisional release of the seized cash under Section 110A of the Customs Act, 1962, emphasizing compliance with legal provisions and the authority's role in decision-making. Case-Laws Customs Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255375