2008 (9) TMI 382
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....e petitions are taken up for final hearing. 2. The short question raised in these Writ Petitions is, whether the Settlement Commission was justified in levying penalty and directing the Petitioners to pay interest @ 10% for the entire amount of customs duty settled at Rs. 1,41,53,468/- ? 3. Before the Settlement Commission, the petitioners had contended that in the absence of any specific provis....
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.... Commission clearly shows that the specific plea raised by the petitioners regarding levy of penalty and interest has not been considered by the Commission. 6. In this view of the matter, all the Writ Petitions are disposed off by passing the following order. (a) the orders passed by the Settlement Commission which are impugned in the respective petitions are quashed and set aside in so far as t....
TaxTMI
TaxTMI