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Hindustan Petroleum Corporation Ltd vs Commissioner Of Customs ,Central ... on 14 February, 2014

In para 12 of the impugned order, the CESTAT, Principal Bench noticed that there were "in respect of identical transactions covered by substantially similar agreements the final order in Bharat Petroleum Corporation Ltd. (supra) and the interim order in Indian Oil Corporation Ltd. (supra)". The CESTAT held that on balancing the interests of the Revenue and HPCL, requiring the making of a pre-deposit of 50% of the assessed liability along with proportionate interest would be justified.
Custom, Excise & Service Tax Tribunal Cites 1 - Cited by 6 - Full Document
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