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2003 (2) TMI 432 - SETTLEMENT COMMISSION, CUSTOMS AND CENTRAL EXCISE,Extract: .......admitted additional duty liability of Rs. 48,59,967/- from the amounts already encashed by Revenue by enforcement of the Bank Guarantee executed by the applicant. 24. emsp With the admission of this application, the Bench acquires the exclusive jurisdiction to deal with this case in terms of sub section (2) of Section 127F of the Customs Act, 1962.
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