Appellant Pays Revised Excise Duty and Interest After F.O.C. Product Value Increase; No Penalty Imposed.

Valuation - As soon as the appellant came to know that the value of F.O.C. products has been revised on higher side for past years by M/s F.I.P.L. the appellant has immediately deposited the excise duty short paid alongwith interest - No penalty .....

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