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    <title>2017 (8) TMI 901 - CESTAT CHENNAI</title>
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    <description>The Tribunal partially allowed the appeal by setting aside the penalty under section 11AC while upholding the duty demand and interest. The appellant&#039;s belief in duty exemption due to the export-oriented nature of the transaction, along with immediate duty payment upon notification and complete export of goods, influenced the decision. The penalty was deemed unwarranted despite procedural lapses, providing relief to the appellant without altering the financial obligations related to the duty demand.</description>
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      <description>The Tribunal partially allowed the appeal by setting aside the penalty under section 11AC while upholding the duty demand and interest. The appellant&#039;s belief in duty exemption due to the export-oriented nature of the transaction, along with immediate duty payment upon notification and complete export of goods, influenced the decision. The penalty was deemed unwarranted despite procedural lapses, providing relief to the appellant without altering the financial obligations related to the duty demand.</description>
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