Court Rules Settlement Commission Application Rejected; Section 32(O)(1)(i) Covers Orders with Concealment Penalties Retrospectively.

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....Rejection of application for Settlement Commission - The Explanation is clarificatory and applies retrospectively. Even absent the Explanation we would interpret Section 32(O)(1)(i) to include the orders of settlement which provides for imposition of penalty on the ground of concealment of particulars of duty liability from the Central Excise Officer - HC....