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2006 (7) TMI 687 - AT - Central ExciseExtract: ....... the appellants cannot be faulted. 6. Having regard to the totality of the facts and circumstances of the case, we reduce the penalty to ₹ 8,00,000/- (rupees eight lakhs). The confiscation of processed fabrics seized on 26/27-2-1998 is also upheld. The appeal is, thus, partly allowed in the above terms. (Dictated and pronounced in Court)
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