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2001 (6) TMI 690 - Central Excise
.......mpt to defraud the Exchequer and therefore, severe and deterrent punishment is called for. Imposition of penalty of Rs. 10 lakhs under Rule 173Q of the CE Rules, 1944 which is 25 of the duty is also very reasonable. We see no reason to reduce the same. In the result the impugned order is confirmed and the appeals are dismissed. Ordered accordingly.