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2008 (12) TMI 615 - CESTAT, KOLKATAExtract: .......the impugned materials such as HR Coils etc. Accordingly, we proportionately reduce the penalty from Rs. 10,08,438/- (Rupees Ten Lakhs Eight Thousand Four Hundred and Thirty Eight only) to Rs. 5,49,640/- (Rupees Five Lakhs Forty Nine Thousand Six Hundred and Forty only). The Appeal is thus partly allowed. (Pronounced and dictated in the open court)
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