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1995 (1) TMI 162 - CEGAT, BOMBAYExtract: ....... They should report compliance, after making the deposit within the stipulated period. The Department is at liberty to keep a watch over the payment of the deposit ordered and if there is any default, they are at liberty to move the Tribunal. On making the deposit of the duty amount, there shall be stay and waiver of recovery of the penalty amount.
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