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2005 (2) TMI 556 - AT - Central ExciseExtract: .......the plea that quantification has not been done allowing permissible deductions is rejected. 8. emsp The appeal is allowed partly in following terms. (a) Demand for differential duty of Rs. 20,06,016/- (Rs. Twenty Lakhs Six Thousand and Sixteen) is upheld. (b) Penalty is reduced to Rs. 1 lakh. (c) Demand for interest under Section 11AB is set aside.
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