2003 (9) TMI 440

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....hri K.K. Srivastava, JDR, for the Respondent. [Order]. -  When the matter was called, the ld. Counsel for the appellants submitted that he is not pressing or/and contesting the duty determined in this case. He is only contesting the levy of mandatory penalty under Section 11AC of the Central Excise Act, 1944 in this case of denial of Modvat credit. 2. After perusal of the show c....