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2013 (10) TMI 402

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....ication is to dispense with the condition of pre-deposit of duty of Rs.4,68,683/- and penalty of identical amount which stand confirmed against them for the period 2004-2009. Equal amount of personal penalty stand imposed under section 11 AC of the Act. As per facts on record, the appellant is engaged in the manufacture of wire of steel and sending the same to single buyer M/s. Hindustan Overseas ....