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    <description>The Tribunal set aside demands falling within the limitation period and relieved the company of penalties in a case involving duty liability calculation discrepancies based on factory gate price versus consignment agents&#039; selling price. The Tribunal emphasized the importance of known facts in determining the validity of subsequent notices invoking longer limitation periods, following the legal interpretation established in a Supreme Court case. The company&#039;s liability was clarified, and penalties were lifted due to the issue being a bona fide legal interpretational matter.</description>
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