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2002 (10) TMI 216 - AT - Central ExciseExtract: .......f only one or two days in making the payment of duty, we are of the view that some lenient view would be called for in the facts and circumstances with reference to quantum of penalty. In the view we have taken the penalty is reduced to Rs. 1 lakh (Rupees one lakh only) as against Rs. 17,06,632/-. Thus this appeal is disposed of in the above terms.
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