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2005 (5) TMI 414 - CESTAT, MUMBAIExtract: .......fine in lieu of confiscation which was Rs. 6,50,000/- be reduced to Rs. 3,50,000/- (rupees three lakhs and fifty thousand only) and the penalty also be reduced from Rs. 1,50,000/- to Rs. 75,000/- (rupees seventy-five thousand only) under Section 112(a) of the Act. The appeal is accordingly partly allowed. (Dictated and pronounced in the open Court)
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