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2004 (3) TMI 623

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....sp;No representation for the appellants despite notice. 2. Examined the records and heard the DR. The issue involved in the case is whether deemed Modvat credit of Rs. 24,664/- availed by the appellants during January to March 1999 on the strength of certain invoices issued by M/s. Dhiman Industries Ltd., Mandi Gobindgarh is admissible to the former and whether the penalty of Rs. 12,000/- im....