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2013 (5) TMI 738 - AT - Central ExciseClearance of waste and scrap without payment of duty - duty demand along with interest and penalty under Section 11AC - assessee submits that they have paid 25% of the penalty thus this payment may be considered as sufficient for final settlement - Held that:- Considering the fact that appellant is a small manufacturer and this has happened during the early stages of his operations and consedring the case of K. P. POUCHES (P) LTD. [2008 (1) TMI 296 - HIGH COURT OF DELHI] & Bhagyoday Silk Industries (2010 (2) TMI 971 - GUJARAT HIGH COURT) to the effect that matter can be settled on payment of 25% of penalty - as 25% of the duty demand which amount has already been paid thus matter closed.
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