https://www.taxtmi.com/caselaws?id=335490 The Appellate Tribunal CESTAT HYDERABAD held that the appellants, co-noticees in a case settled before the Settlement Commission, could be absolved from liabilities following the settlement of the main case. Relying on the S.K. Colombowala case, the Tribunal emphasized the comprehensive settlement implied by the settlement scheme for all parties involved. It distinguished the Motilal Gupta case, aligning with the precedent set by the Larger Bench. Consequently, the impugned orders were set aside, and the appeals were allowed, granting the appellants relief from liabilities. en-us Mon, 24 Oct 2016 00:00:00 +0530 Tue, 06 Dec 2016 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335490 The Appellate Tribunal CESTAT HYDERABAD held that the appellants, co-noticees in a case settled before the Settlement Commission, could be absolved from liabilities following the settlement of the main case. Relying on the S.K. Colombowala case, the Tribunal emphasized the comprehensive settlement implied by the settlement scheme for all parties involved. It distinguished the Motilal Gupta case, aligning with the precedent set by the Larger Bench. Consequently, the impugned orders were set aside, and the appeals were allowed, granting the appellants relief from liabilities. Case-Laws Customs Mon, 24 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335490