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2005 (7) TMI 490 - CESTAT, NEW DELHIExtract: .......herefore, the penalty imposed on the appellants deserves to be reduced and the same is accordingly reduced to Rs. 50,000/-. Pre-deposit amount of the appellants shall be adjusted towards this penalty amount. The impugned order accordingly stands modified and appeal of the appellants accordingly stands disposed of. (Order dictated in the open Court)
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