2009 (6) TMI 927

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.... reasons recorded below, we waive predeposit of excise duty of Rs.3,54,86,982/- confirmed as a result of denial of benefit of exemption under Notification No.4/2006-CE dated 1.3.2006 [as amended] relating to cement packed in 50 Kgs. bags sold for industrial/institutional consumers, during the period April 2007 to February 2008, and penalty of Rs.3,44,53,380/- and proceed to hear and dispose of the....