2005 (4) TMI 350

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....DR, for the Respondent. [Order per : C.N.B. Nair, Member (T) (Oral)]. -  There is a duty demand of about Rs. 2.6 crores and penalty of Rs. 25 lakhs. These flow from a finding that the appellants failed to satisfy the export obligation in respect of steel imported under DEEC licences. The finding is that, according to the Input-Output Norms, against import of 1377 MT, the appellant was r....