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1995 (10) TMI 116 - CEGAT, NEW DELHIExtract: .......side. Having regard to the facts and circumstances of the case as discussed in the preceding paragraphs, we reduce the quantum of penalty from Rs. 1.50 lacs to Rs. 75,000/- (Rupees Seventy five thousand only). 14. emsp In view of the above findings, the impugned order is modified to the extent stated above and the appeal is disposed of accordingly.
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