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2012 (5) TMI 412 - CESTAT, MUMBAIPrayer was to enhance the quantum of penalty imposed – Held that:- Commissioner imposed a penalty of ₹ 10 lakhs under Section 114 (i) of the Act on M/s Trini Impex and a penalty of ₹ 20 lakhs under the same provision on M/s Corum Impex. Considering the value of the goods exported by these parties (Rs 2.09 crores in the case of M/s Trini Impex and ₹ 4.33 crores in respect of M/s Corum Impex), and also considering the totality of the facts and circumstances of their cases, we are of the view that the penalties imposed on these exporters by the learned Commissioner are fair and reasonable, appeals of the Revenue get dismissed
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