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2008 (8) TMI 653 - CESTAT, NEW DELHIExtract: .......tured by the appellant but relates to waste and scrap which has arisen out of goods on which Cenvat credit taken, and therefore some leniency can be shown. The penalty is accordingly, reduced from Rs. 7,05,731/- to Rs. 1,00,000/- (Rupees one lakh only). 7. emsp The appeal is disposed of on the above terms. (Pronounced in the open Court on 4-8-2008)
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