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2008 (1) TMI 800 - CESTAT, NEW DELHIExtract: .......penalty amount to close to 25 of the duty determined. Respectfully following the decision of the Hon rsquo ble High Court, penalty is reduced to Rs. 1,27,000/- i.e. 25 of the duty amount as the respondent deposited duty before issue of show cause notice. The appeal is disposed of in the above terms. (Order dictated and pronounced in the open Court)
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