Custom Act, 1962
127F.
POWER AND PROCEDURE OF SETTLEMENT COMMISSION. –
(1)In
addition to the powers conferred on the Settlement Commission under Chapter V
of the Central Excise Act, 1944 (1 of 1944), it shall have all the powers which
are vested in an officer of the customs under this Act or the rules made thereunder .
(2)
Where an application made under section 127B has been allowed to be proceeded
with under section 127C, the Settlement Commission shall, until an order is
passed under sub-section (7) of section 127C, have, subject to the provisions
of sub-section (6) of that section, exclusive jurisdiction to exercise the
powers and perform the functions of any officer of customs or Central Excise
Officer as the case may be, under this Act or in the Central Excise Act, 1944
(1 of 1944), as the case may be, in relation to the case.
(3)
In the absence of any express direction by the Settlement Commission to the
contrary, nothing in this Chapter shall affect the operation of the provisions
of this Act in so far as they relate to any matter other than those before the
settlement Commission.
(4)
The Settlement Commission shall, subject to the provisions of Chapter V of the
Central Excise Act, 1944 (1 of 1944) and this Chapter, have power to regulate
its own procedure and the procedure of Benches thereof in all matters arising
out of the exercise of its powers, or of the discharge of its functions,
including the places at which the Benches shall hold their sittings.