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2003 (5) TMI 286 - CEGAT, MUMBAIExtract: ....... exchange mentioned in the licence, there would be no shortfall. Therefore the appellant was therefore entitled to refund. However, before doing so, it will have to be ensured that the requirements contained in sub-section (2) of Section 27 are complied with. 4. emsp Subject to this condition, the appeal is allowed and the impugned order set aside.
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