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    <title>2011 (9) TMI 320 - CESTAT, CHENNAI</title>
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    <description>The Tribunal upheld the interest liability and imposed a penalty under Rule 15(1) on the respondents for irregular credit claims. The penalty was set at Rs.10,000, modifying lower penalty orders. The Department&#039;s appeal was partially allowed, and the cross-objection was disposed of.</description>
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      <link>https://www.taxtmi.com/caselaws?id=207250</link>
      <description>The Tribunal upheld the interest liability and imposed a penalty under Rule 15(1) on the respondents for irregular credit claims. The penalty was set at Rs.10,000, modifying lower penalty orders. The Department&#039;s appeal was partially allowed, and the cross-objection was disposed of.</description>
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