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2004 (10) TMI 482

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..... -  Heard Shri K.P. Dey, Advocate for the Appellant and Shri T.K. Kar, SDR for the Respondent. He submits that in the present case that the losses occurred in a storage due to the natural causes and are condonable and demand of duty may be set aside. He submits that the financial position of the Appellant is poor. Their unit was sick unit and there was paucity of fund. Thus the major quanti....