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2011 (5) TMI 746 - CESTAT, NEW DELHIDemand - forfeited amount was disclosed by the appellant as miscellaneous income in its financial statements. That does not relate to manufacture or clearance of any excisable goods - submitted that the appellant has not concealed any fact since it has disclosed receipt and forfeiture of security in its account and the explanation for the same was furnished – Held that:- forfeited security is not additional consideration when nexus thereof with clearance is not evident from record, waiver of pre-deposit of the demand allowed during pendency of the appeal
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