https://www.taxtmi.com/caselaws?id=47091 The High Court clarified the misinterpretation of fact under Section 129B(2) of the Customs Act, 1962 and emphasized the accurate application of the Kar Vivadh Samadhan Scheme (KVSS) in resolving customs duty disputes. The Court found errors in the Tribunal's orders, which failed to verify facts and dismissed the Revenue's appeal based on incomplete information from the KVSS declaration. Consequently, the Tribunal's decisions were vacated, and the Revenue's appeal was reinstated for final disposal, highlighting the importance of thorough fact-checking and proper application of the KVSS in customs duty matters. en-us Fri, 17 Sep 2004 00:00:00 +0530 Mon, 26 Jul 2010 18:59:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47091 The High Court clarified the misinterpretation of fact under Section 129B(2) of the Customs Act, 1962 and emphasized the accurate application of the Kar Vivadh Samadhan Scheme (KVSS) in resolving customs duty disputes. The Court found errors in the Tribunal's orders, which failed to verify facts and dismissed the Revenue's appeal based on incomplete information from the KVSS declaration. Consequently, the Tribunal's decisions were vacated, and the Revenue's appeal was reinstated for final disposal, highlighting the importance of thorough fact-checking and proper application of the KVSS in customs duty matters. Case-Laws Customs Fri, 17 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47091