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2011 (1) TMI 59

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....l authority has confirmed the duty demand of Rs.3,90,796/- against the appellants and has appropriated an amount of Rs.1,45,448/- paid by the appellants before the issue of show-cause notice and he has also imposed a penalty of Rs.3,90,796/- in addition to demanding appropriate interest. The lower appellate authority has upheld the penalty amount but has set aside the order of denial of CENVAT cre....