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2008 (7) TMI 756 - CESTAT, MUMBAIExtract: .......uld be re-determined after the duty finally demandable is determined by the Commissioner. As regards penalty under Rule 209A, looking into the mandatory penalty already imposed, personal penalty of Rs. two lakhs imposed on the Director to be quite harsh and the same is reduced to Rs. 20,000/- (Rupees twenty thousand only). (Pronounced on 17-7-2008)
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