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2007 (2) TMI 494 - CESTAT, KOLKATAExtract: ....... penalty is imposable on the Appellant, and I reduce the penalty of Rs. 40,000/- (Rupees Forty thousand only) imposed on the Appellant to Rs. 4,000/- (Rupees Four thousand only). The Appeal is allowed in the above terms with consequential benefit to the Appellant. Stay Application also stands disposed of. (Dictated and pronounced in the open Court)
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