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1987 (7) TMI 91 - HC - Central ExciseExtract: .......ited the amount of Rs. 3,32,000/- in court and the Respondents have withdrawn the same while furnishing a bank guarantee of the equivalent amount. Mr. Master affirms that this deposit was made after ascertaining the amount of excise duty refundable to the Respondents. The bank guarantee given by the Respondents shall, accordingly, stand discharged.
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