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Show Cause Notice: Proceedings End if Duty, Interest, and 15% Penalty Paid Within 30 Days of Notice.

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Full Text of the Document

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....Validity of Show Cause Notice (SCN) - the provisions provide for deemed conclusion of the proceedings against the assesses if the payment as regard the duty, interest and 15% penalty thereof stands made by the assesse within a period of 30 days of the receipt of Show Cause Notice.....