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    <title>2012 (9) TMI 569 - BOMBAY HIGH COURT</title>
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    <description>The High Court clarified that the Tribunal had the authority to reconsider duty demand despite a specific remand on the penalty issue. The confusion arising from a clarificatory order led to the Tribunal confirming the duty demand at a reduced amount, which was paid by the assessee, resolving the matter. The Court also upheld the Tribunal&#039;s decision that Section 11AC was not applicable for duty suppression due to the assessee&#039;s rectification of a bona fide error. The Court dismissed the allegation of perverse findings by the Tribunal, ultimately resolving the case based on the actions and payments made by the assessee.</description>
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    <pubDate>Wed, 12 Sep 2012 00:00:00 +0530</pubDate>
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      <title>2012 (9) TMI 569 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=216761</link>
      <description>The High Court clarified that the Tribunal had the authority to reconsider duty demand despite a specific remand on the penalty issue. The confusion arising from a clarificatory order led to the Tribunal confirming the duty demand at a reduced amount, which was paid by the assessee, resolving the matter. The Court also upheld the Tribunal&#039;s decision that Section 11AC was not applicable for duty suppression due to the assessee&#039;s rectification of a bona fide error. The Court dismissed the allegation of perverse findings by the Tribunal, ultimately resolving the case based on the actions and payments made by the assessee.</description>
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      <pubDate>Wed, 12 Sep 2012 00:00:00 +0530</pubDate>
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