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2002 (10) TMI 544 - AT - Central ExciseExtract: .......phold the confirmation of demand of duty on this count. 10. emsp As regards the penalty, inasmuch as the major part of the duty has been set aside against the appellants, we reduce the penalty from Rs. 1,85,000.00 (Rupees one lakh eighty-five thousand) to a sum of Rs. 50,000.00 (Rupees fifty thousand) only. The appeal is disposed of in above terms.
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