https://www.taxtmi.com/article/detailed?id=11494 The Settlement Commission provides an alternative settlement process for taxpayers with show-cause notices, requiring full disclosure and prescribed filings; it refers applications for comment, holds hearings and issues conclusive speaking orders. It may grant conditional immunity subject to exceptions and withdrawal for concealment or non-compliance, provisionally attach property to protect revenue, and, under section 127F, exercise the powers and exclusive jurisdiction of a customs officer in relation to the settled case, with penalties imposed treated as customs authority actions. en-us Wed, 14 Jun 2023 11:56:39 +0530 Wed, 14 Jun 2023 14:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11494 The Settlement Commission provides an alternative settlement process for taxpayers with show-cause notices, requiring full disclosure and prescribed filings; it refers applications for comment, holds hearings and issues conclusive speaking orders. It may grant conditional immunity subject to exceptions and withdrawal for concealment or non-compliance, provisionally attach property to protect revenue, and, under section 127F, exercise the powers and exclusive jurisdiction of a customs officer in relation to the settled case, with penalties imposed treated as customs authority actions. Articles Customs - Import - Export - SEZ Wed, 14 Jun 2023 11:56:39 +0530 https://www.taxtmi.com/article/detailed?id=11494