Constitution of Commission to be called the Customs and Central Excise Settlement Commission, for settlement of cases under Chapter V of the Central Excise Act, 1944 (I of 1944) and Chapter XIVA of the Customs Act, 1962

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..... 2;धान आयुक्त केंद्रीय वास्तु एंव सेवाकर आयुक्तालय नव केæ .....

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..... ed that in exercise of the powers conferred by sub-section (I) and sub-section (2) of section 32 of the erstwhile Central Excise Act, 1944 (l of 1944), the Central Government has constituted a Commission to be called the Customs and Central Excise Settlement Commission, for settlement of cases under Chapter V of the Central Excise Act, 1944 (I of 1944) and Chapter XIVA of the Customs Act, 1962 (52 .....

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..... only parties to the Settlement. Any assessee can make an application in such form and in such manner as prescribed by 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 Service Tax accepted to b .....

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