ORDER :

Heard the learned counsel for the petitioner and learned Senior Standing Counsel for the respondents.

2. The petitioner is aggrieved by the impugned order dated 31.01.2017 passed by the first respondent Settlement Commission in Order No.12-13/2017-Cus. in so far as it has ordered confiscation of goods seized from the petitioner's godown at Bangalore valued at Rs.91,93,230/- and the goods valued at Rs.14,72,634/-.

3. The learned counsel for the petitioner submits that these goods were seized on 13.01.2016 by the third respondent in respect of which Show Cause Notice dated 11.07.2016 was issued to the petitioner. The said Show Cause Notice called upon the petitioner to show as to why :-

i. the exemption benefit claimed and availed under the Central Excise Notification No.12/2012-CE dated 17.03.2012 Serial No.255 in respect of 17 bills of entry as detailed in worksheet-I to the show cause notice, should not be denied and the corresponding duty on merits be demanded as per the quantification made in the said worksheet;

ii. consequently, the differential duty amounting to Rs.61,2