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2001 (3) TMI 169 - AT - Central ExciseExtract: ....... 1-4-1990. However, amount of duty is reduced to Rs. 6,59,724/-. We also uphold the demand of duty amounting to Rs. 10,835/-. The redemption fine of Rs. 15,000/- is not on the higher side as such is confirmed. However, taking into consideration all facts, we reduce the amount of penalty to Rs. 60,000/-. The Appeal is disposed of in the above terms.
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