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2012 (3) TMI 698 - SCH - Central ExciseExtract: .......ed each on the Firm and its partner under Section 11AC of the Central Excise Act, 1944 and furnishing a solvent security to the satisfaction of the Commissioner concerned for the balance 75% of the amount of penalty under the said Section, within four weeks from today, no coercive steps shall be taken for the recovery of the balance penalty amount.
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