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1998 (5) TMI 207 - AT - Central ExciseExtract: .......the balance duty amount and the penalty on these applicants is dispensed with and recovery stayed. The applicants are given the option to make the pre-deposit by way of cash deposit of Rs. 10.00 lacs and freezing of Rs. 9.00 lacs in their Modvat account in the RG 23. 5. emsp Matter to come up for ascertaining compliance with this order on 7-9-1998.
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