Procedure to be followed by the Settlement Commission after receipt of application :

As provided under section 16 of the IGST Act, the Settlement Commission shall follow the following procedure after the receipt of an application for settlement of a case:

payment of penalty can be withdrawn where it finds later that the applicant had concealed any facts or had given any false evidence or if he has failed to pay the sum specified in the settlement order in the prescribed time. (section 20)