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2000 (5) TMI 327 - CEGAT, NEW DELHIExtract: ....... is accordingly set aside. 7. emsp In fine, the appeal of the party in respect of the modvat credit totally amounting to Rs. 3,07,983.75 fails and the same is accordingly rejected. The appeal relating to the modvat credit of Rs. 1,125/- succeeds and the same is allowed. The penalty imposed is set aside. The appeal is disposed of in the above terms.
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