https://www.taxtmi.com/caselaws?id=30953 The court upheld the Settlement Commission's decision to impose penalties on TPS license holders and Minesh Shah for violating import provisions, diverting duty-free goods, and fabricating documents. The petitioner's challenge on grounds of inequality and violation of fair play was dismissed. The Settlement Commission's penalty of Rs. 25,00,000/-, customs duty of Rs. 1,46,75,646/-, and interest of Rs. 3,26,400/- were deemed just and reasonable, granting immunity from prosecution upon timely payment. The court found the Commission's actions lawful and within its statutory authority, leading to the dismissal of the writ petition. en-us Thu, 24 Jul 2008 00:00:00 +0530 Wed, 08 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30953 The court upheld the Settlement Commission's decision to impose penalties on TPS license holders and Minesh Shah for violating import provisions, diverting duty-free goods, and fabricating documents. The petitioner's challenge on grounds of inequality and violation of fair play was dismissed. The Settlement Commission's penalty of Rs. 25,00,000/-, customs duty of Rs. 1,46,75,646/-, and interest of Rs. 3,26,400/- were deemed just and reasonable, granting immunity from prosecution upon timely payment. The court found the Commission's actions lawful and within its statutory authority, leading to the dismissal of the writ petition. Case-Laws Customs Thu, 24 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30953