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    <title>2006 (12) TMI 157 - HIGH COURT OF PUNJAB &amp; HARYANA AT CHANDIGARH</title>
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    <description>The Court held that the assessee&#039;s failure to maintain separate accounts for modvatable inputs used in both dutiable goods and exempted final products resulted in a duty liability of 8%. The Court directed the Tribunal to determine the duty payment obligation at the specified rate in cases where separate accounts were not maintained. The judgment emphasized the significance of adhering to regulations and accurately documenting transactions to prevent duty-related consequences.</description>
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      <description>The Court held that the assessee&#039;s failure to maintain separate accounts for modvatable inputs used in both dutiable goods and exempted final products resulted in a duty liability of 8%. The Court directed the Tribunal to determine the duty payment obligation at the specified rate in cases where separate accounts were not maintained. The judgment emphasized the significance of adhering to regulations and accurately documenting transactions to prevent duty-related consequences.</description>
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