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2015 (10) TMI 1533 - BOMBAY HIGH COURT

2015 (10) TMI 1533 - BOMBAY HIGH COURT - 2015 (324) E.L.T. 148 (Bom.) - Appeal to settle the payment of duty Petitioner holds that the same is ready to pay the amount of differential duty along with interest within the prescribed time Revenue contends that they do not agree to settle the matter and amount being accepted in full and final settlement of all claims and have no objection if the impugned order is quashed and set aside Held That:- It will not be proper to bind the petitioners in .....

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ded in the earlier order of 15th July, 2015. 2. The petitioners are ready and willing to have the matter settled in terms of the statement made earlier and the amounts which are to be paid in furtherance thereof. 3. On the earlier occasion, Mr. Bharati sought time to take instructions on behalf of the Revenue officials. 4. When the matter was placed today for passing final orders, we are informed that the petitioners have filed an undertaking on 16th July, 2015 and which reads as under : I, Sanj .....

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o this Hon'ble Court to pay differential duty of ₹ 54,92,167/-, demanded in respect of 42 past consignments imported during December, 2009 to January, 2011, which amount disputed/not admitted before the Settlement Commission, along with interest at such rate as may be directed by this Hon'ble Court within a period of four weeks. 3. I submit that, subject to the payment of the aforesaid amount by the Petitioners within the stipulated time of four weeks, this Hon'ble Court be ple .....

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