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2009 (1) TMI 610 - AT - Central ExciseExtract: .......r has to be remanded to the Original Adjudicating Authority to work out the actual amount payable as interest on the irregular credit for the period during which the irregular credit remained with the appellants. In view of the discussion above, penalties imposed under Section 11AC on the appellants are set aside. (Pronounced in Court on 2-10-2009)
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