2006 (4) TMI 172 - HC - Customs

Summary

The High Court of Gujarat at Ahmedabad upheld the Settlement Commission's decision regarding customs duty on imported Texturising Machines. The petitioners were asked to pay the balance duty amount as they did not export goods of equivalent value. The Settlement Commission settled the duty at Rs. 33,17,545, and rejected the petitioners' request for credit of CVD. The court dismissed the petition, stating that once a customs liability is settled, there is no need for further interference.