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2007 (2) TMI 412 - CESTAT, CHENNAIExtract: ....... that a penalty of Rs. 9 lakhs is too much. We reduce the same to Rs. l lakh (Rupees One lakh only). In the result, the impugned order will stand sustained, with modification as to quantum of penalty. 8. emsp The appeal is dismissed, but with reduction of quantum of penalty. (Operative portion of the order was pronounced in open Court on 12-2-2007)
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