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    <description>Penalty under Rule 13(2) of the CENVAT Credit Rules, 2002 read with Section 11AC of the Central Excise Act, 1944 was in issue, along with whether the Tribunal should reconsider the matter. In view of the parties&#039; consensus and the cited Supreme Court decision, the Bombay High Court set aside the Tribunal&#039;s order and restored the matter for fresh decision in accordance with law.</description>
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