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    <title>2015 (2) TMI 882 - BOMBAY HIGH COURT</title>
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    <description>The Court dismissed the Appeal, ruling in favor of the Assessee and against the Revenue. The Tribunal&#039;s interference with the orders was deemed justified due to factual findings and legal errors present in the case. The Court found that the Revenue failed to establish the classification of the stock as &quot;loose&quot; and concluded that the duty determined was not sustainable based on crucial factors and undisputed records. The earlier orders were considered perverse and vitiated by error of law, leading to the dismissal of the Appeal in favor of the Assessee.</description>
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      <description>The Court dismissed the Appeal, ruling in favor of the Assessee and against the Revenue. The Tribunal&#039;s interference with the orders was deemed justified due to factual findings and legal errors present in the case. The Court found that the Revenue failed to establish the classification of the stock as &quot;loose&quot; and concluded that the duty determined was not sustainable based on crucial factors and undisputed records. The earlier orders were considered perverse and vitiated by error of law, leading to the dismissal of the Appeal in favor of the Assessee.</description>
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