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2003 (4) TMI 211 - CEGAT, NEW DELHIExtract: .......er Section 11AC of the Central Excise and interest demanded under Section 11AB of the Act are set aside. (vi) Penalty on Appellant No. 1 in total is reduced to Rs. 40,000/-. (vii) Penalty on Shri Sohan Lal Singhania is reduced to Rs. 5,000/- (viii) The confiscation of truck is set aside. (ix) Penalties imposed on all other Appellants are set aside.
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