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2006 (1) TMI 499 - CESTAT, CHENNAIExtract: ....... In the circumstances, the quanta of fine and penalty, in our view, should stand reduced to Rs. 1 lakh (Rupees One lakh only) and Rs. 50,000/- (Rupees Fifty Thousand only) respectively. It is ordered accordingly. The impugned order will stand modified accordingly. The appeal is disposed of in the above terms. (Dictated and pronounced in open Court)
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