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2008 (3) TMI 551 - CESTAT, CHENNAIExtract: .......e penalty is reduced to Rs. 20,000/-. The order of the Commissioner shall stand modified accordingly. 3. emsp In the result the appeal is disposed of by reducing the redemption fine and penalty to Rs. 1,50,000/- (Rupees one lakh fifty thousand only) and Rs. 20,000/- (Rupees twenty thousand only) respectively. (Dictated and pronounced in open court)
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