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2006 (9) TMI 450 - CESTAT, MUMBAIExtract: .......ed of Rs. 68,200/- (d) Penalty imposed on M/s. Iqbal Synthetics Pvt. LTD., is modified as Rs. 1,96,255/- under Section 11AC of the Central Excise Act, 1944 as against the penalty imposed of Rs. 1,96,500/- (e) The penalty imposed on Mr. Azam Sattar Motiwala, Director is set aside. 12. emsp The appeals are disposed of accordingly. (Dictated in Court)
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