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    <title>2015 (2) TMI 225 - CESTAT NEW DELHI</title>
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    <description>The tribunal found the Appellant Company and its Managing Director liable for duty evasion and directed them to make specified pre-deposits totaling Rs. 8,40,00,000 for compliance with Section 35F. The Managing Director was also directed to deposit an additional Rs. 10,00,000. Penalties on employees were waived as they were found to be acting under management&#039;s directions. Compliance was required by 10/04/2015, emphasizing the importance of safeguarding revenue interests.</description>
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      <link>https://www.taxtmi.com/caselaws?id=256225</link>
      <description>The tribunal found the Appellant Company and its Managing Director liable for duty evasion and directed them to make specified pre-deposits totaling Rs. 8,40,00,000 for compliance with Section 35F. The Managing Director was also directed to deposit an additional Rs. 10,00,000. Penalties on employees were waived as they were found to be acting under management&#039;s directions. Compliance was required by 10/04/2015, emphasizing the importance of safeguarding revenue interests.</description>
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