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2004 (3) TMI 535

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....s. Reena Khair, Advocates, for the Appellant. Ms. K.A. Mishra, SDR, for the Respondent. [Order per : Justice K.K. Usha, President]. -  Heard both sides. The assessee was asked to pay a sum of Rs. 6,46,96,989/- for the shortfall in export obligation. The contention of the applicant that the above demand is not sustainable in view of the clearance granted by DGFT authorities. This cont....