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2006 (3) TMI 585 - CESTAT, NEW DELHIExtract: .......was imposed seems to be on the higher side. In view of the facts and circumstances the redemption fine imposed on the appellants is reduced to Rs. 4 lakhs and the penalty imposed is reduced to Rs. 1 lakh. But for this modification, the appeal is allowed partly, with consequential relief to the appellants. (Dictated and pronounced in the open Court)
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