https://www.taxtmi.com/caselaws?id=373821 The Division Bench held that the Settlement Commission lacked jurisdiction to settle cases involving goods covered under Section 123(2) of the Customs Act, such as gold smuggling. The court emphasized the restriction imposed by the third proviso to Section 127B(1) and referred to previous judgments, including Ram Niwas Verma, to support its decision. The court clarified that the Settlement Commission cannot settle cases related to goods specified in Section 123(2) and set aside the order, remitting the matter for further proceedings to the Adjudicating Officer. en-us Wed, 16 Jan 2019 00:00:00 +0530 Sat, 06 Apr 2019 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373821 The Division Bench held that the Settlement Commission lacked jurisdiction to settle cases involving goods covered under Section 123(2) of the Customs Act, such as gold smuggling. The court emphasized the restriction imposed by the third proviso to Section 127B(1) and referred to previous judgments, including Ram Niwas Verma, to support its decision. The court clarified that the Settlement Commission cannot settle cases related to goods specified in Section 123(2) and set aside the order, remitting the matter for further proceedings to the Adjudicating Officer. Case-Laws Customs Wed, 16 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373821