https://www.taxtmi.com/caselaws?id=332619 The High Court quashed the order rejecting the Settlement Applications, finding that the Petitioners had complied with the requirements of Section 127B by paying the duty and interest. The Court held that the Settlement Commission's conclusion of non-compliance was erroneous, as the Petitioners had exceeded the duty demanded in the Show Cause Notice. The Court directed the Commission to reconsider the Applications without influence from prior views, emphasizing that the Petitioners were not seeking reclassification but a proper adjudication based on their disclosures and cooperation. en-us Fri, 16 Sep 2016 00:00:00 +0530 Fri, 06 Jan 2017 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332619 The High Court quashed the order rejecting the Settlement Applications, finding that the Petitioners had complied with the requirements of Section 127B by paying the duty and interest. The Court held that the Settlement Commission's conclusion of non-compliance was erroneous, as the Petitioners had exceeded the duty demanded in the Show Cause Notice. The Court directed the Commission to reconsider the Applications without influence from prior views, emphasizing that the Petitioners were not seeking reclassification but a proper adjudication based on their disclosures and cooperation. Case-Laws Customs Fri, 16 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332619