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2003 (2) TMI 431 - CEGAT, NEW DELHIExtract: .......and under show cause notice dated 16-3-99. We, therefore, reduce the quantum of duty demand to Rs. 7,28,540 and set aside the direction to pay interest under Section 11AB. Penalty is imposed under Section 173Q, but we reduce the amount to Rs. 2 lakhs. The appeal is thus partly allowed. (Operative part of the order was pronounced in the open Court.)
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