HC quashed order of settlement commission as petitioners didn't disclose full & true value of duty liability

GST/Excise/ST/VAT : In respect of settlement of cases under Central Excise Act, unless Settlement Commission records its satisfaction on two essential jurisdictional preconditions, namely, that applicant had made full and true disclosure of his duty liability and manner in which such liability had been derived, it would not have jurisdiction to pass an order of settlement

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