https://www.taxtmi.com/caselaws?id=183002 The Settlement Applications under Section 32E of the Central Excise Act, 1944 filed by M/s. Maa Chhinnamastika Cement & Ispat Pvt. Ltd. and Shri Ram Chandra Rungta were granted. The applicants admitted duty liability, sought immunity from penalty and prosecution, and cooperated with the department. The Bench determined duty at Rs. 18,53,489/-, imposed penalties, and granted immunity from prosecution under specified conditions. Compliance within 30 days was mandated, with provisions for voiding the settlement in case of fraud. Immunities were contingent on meeting all requirements, emphasizing consequences of fraudulent conduct. en-us Mon, 20 Apr 2015 00:00:00 +0530 Thu, 26 May 2016 08:41:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183002 The Settlement Applications under Section 32E of the Central Excise Act, 1944 filed by M/s. Maa Chhinnamastika Cement & Ispat Pvt. Ltd. and Shri Ram Chandra Rungta were granted. The applicants admitted duty liability, sought immunity from penalty and prosecution, and cooperated with the department. The Bench determined duty at Rs. 18,53,489/-, imposed penalties, and granted immunity from prosecution under specified conditions. Compliance within 30 days was mandated, with provisions for voiding the settlement in case of fraud. Immunities were contingent on meeting all requirements, emphasizing consequences of fraudulent conduct. Case-Laws Central Excise Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183002