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    <description>The Tribunal confirmed the demand of duty and interest but had differing views on the imposition of penalties under Sections 77 and 78 of the Finance Act, 1994. The matter was referred to appoint a third member to resolve the disagreement on penalties and the option for the respondent to pay a reduced penalty under Section 78.</description>
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      <description>The Tribunal confirmed the demand of duty and interest but had differing views on the imposition of penalties under Sections 77 and 78 of the Finance Act, 1994. The matter was referred to appoint a third member to resolve the disagreement on penalties and the option for the respondent to pay a reduced penalty under Section 78.</description>
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