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2008 (8) TMI 622 - CESTAT, AHMEDABADExtract: .......stine activities of M/s. L.D. Textile Industries Ltd. and as such, are liable to personal penalties. However, keeping in view the facts and circumstances of the case, we reduce the penalties on each of the three appellants from Rs. 2 crores to Rs. 20 lakhs. 21. emsp The appeals are disposed of in the above manner. (Pronounced in Court on 8-8-2008).
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