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    <title>2006 (12) TMI 423 - CESTAT,CHENNAI</title>
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    <description>The tribunal directed the appellants to make a pre-deposit of duty due to lack of clear evidence of retraction of confessional statements by the Managing Director. Failure to provide specific dates of receipt for the retraction affidavits led to doubts about the statements&#039; validity. The appellants were required to comply with the pre-deposit directive within a specified timeframe to avoid further pre-deposit and stay recovery proceedings for the remaining duty and penalty amounts.</description>
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      <description>The tribunal directed the appellants to make a pre-deposit of duty due to lack of clear evidence of retraction of confessional statements by the Managing Director. Failure to provide specific dates of receipt for the retraction affidavits led to doubts about the statements&#039; validity. The appellants were required to comply with the pre-deposit directive within a specified timeframe to avoid further pre-deposit and stay recovery proceedings for the remaining duty and penalty amounts.</description>
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