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2003 (3) TMI 370 - CEGAT, MUMBAIExtract: .......stances of the case, we reduce the personal penalty of Rs. 50,000/- imposed on the respondents by the adjudicating authority to Rs. 25,000/- (rupees twenty-five thousand only). Except for this modification, the order-in-original of the adjudicating authority is maintained. The appeal of the Revenue accordingly stands disposed of in the above terms.
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