2007 (5) TMI 64

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....SI Unit engaged in the manufacture of cameras and were availing the benefit of exemption limits for clearance. On 22-11-1997 a taxi was intercepted by the officers which was carrying cameras and enquiries were extended to the appellant's factory where 536 cameras lying in the factory was also seized. A notice dated 12-5-1998 proposing recovery of duty of Rs. 275365 on cameras cleared during the pe....