https://www.taxtmi.com/caselaws?id=437458 The court held that the judgment of the Bombay High Court in a similar case correctly interprets the law, allowing for settlement even without declaration under Section 77 of the Customs Act. The court rejected preliminary objections and directed the Settlement Commission to consider the petitioner's application on its merits. A separate judgment by Justice Sanjay Karol dissented, arguing against settlement for cases involving goods specified under Section 123, stating that it undermines the legislative intent of the Customs Act. Justice Karol suggested remitting the matter to adjudicating authorities for further action. en-us Thu, 04 May 2023 00:00:00 +0530 Fri, 29 Sep 2023 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437458 The court held that the judgment of the Bombay High Court in a similar case correctly interprets the law, allowing for settlement even without declaration under Section 77 of the Customs Act. The court rejected preliminary objections and directed the Settlement Commission to consider the petitioner's application on its merits. A separate judgment by Justice Sanjay Karol dissented, arguing against settlement for cases involving goods specified under Section 123, stating that it undermines the legislative intent of the Customs Act. Justice Karol suggested remitting the matter to adjudicating authorities for further action. Case-Laws Customs Thu, 04 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437458