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2007 (12) TMI 371 - CESTAT, KOLKATAExtract: .......osed are on the higher side. Accordingly, taking a lenient view, the redemption fine is reduced to Rs. 1.5 lakhs (Rupees one lakh and fifty thousand) and the penalty is reduced to Rs. 10,000/- (Rupees ten thousand) only. The appeal is thus partly allowed by way of reduction in redemption fine and penalty. (Dictated and pronounced in the open Court)
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