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2007 (12) TMI 94 - AT - Central ExciseCompounded levy scheme – 50% duty not paid by 15th of the month - serious allegations of breaking departmental seal stand admitted by the appellant, which reflect upon their mala fide - goods seized were liable to confiscation - redemption fine and penalty are reduced inasmuch as 50% of the dues even for the month of the December, were required to be deposited at the end of the month – director aware of braking of seal, personal penalty imposable
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