TaxTMI 
TaxTMI 
Early Settlement of Disputes by availing the window of the Settlement Commission
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....BLIC NOTICE NO. 12/2018 Sub: Early Settlement of Disputes by availing the window of the Settlement Commission - Reg. Attention of the Importers / Exporters / Custom Brokers / Vendors / Shipping Agents and all concerned is invited to the forum of Settlement Commission for the early settlement of disputes. 2. Settlement Commission was established under the provisions of Sec. 32 of the Central Ex....
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.... but only parties to the Settlement. Any Assessee can make an application in such form and in such manner as may be prescribed toy the Commission and containing "Full & True" disclosure of his duty liability which has not been disclosed before the proper officer having jurisdiction, the manner in which such liability has been derived, the additional amount of Customs or Excise Duty or Se....
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....itself after the paragraph 'Each of the above noticee(s) is/ are required to submit their reply in writing to the adjudicating authority within 30 days, failing which the case will be decided on the basis of records available and without reference'. "You may also like to opt for settlement of your case in terms of the provisions contained under Chapter V the Central Excise Act, 1944....