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2001 (5) TMI 417 - AT - Central ExciseExtract: ....... the quantum of penalty imposed on the applicants. We, therefore, agree that there was a mistake in not giving any findings on the quantum of penalty. We, therefore, allow the application for ROM, and order that the amount of penalty will be reduced from Rs. 1.5 lakhs to Rs. 1 lakh only. The ROM application is thus allowed with the above direction.
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