2011 (3) TMI 841

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Full Text of the Document

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....challenge in the present appeal is to penalty of Rs.40,000/- imposed on the applicant-appellant in terms of the provisions of Rule 26(1) of the Central Excise Rules, 2002.   2. As per facts on record, the appellant is a trader dealing in castings and has purchased the goods from M/s. KDP Castings. The goods purchased by the appellant were cleared by M/s. KDP Castings without the cover of a....