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1997 (2) TMI 244 - CEGAT, NEW DELHIExtract: ....... this aspect of the matter and confirm the view taken by the adjudicating authority. 11. emsp The adjudicating authority had imposed a penalty of Rs. 50,000/- on M/s. PUNWIRE. In the facts and circumstances of the case, we reduce the amount of penalty to Rs. 10,000/- (rupees ten thousand only). 12. emsp The appeal is disposed of in the above terms.
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