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2000 (11) TMI 888 - AT - Central ExciseExtract: ....... 1,06,586.38 having been confirmed against the appellants, Modvat credit of Rs. 40,000.00 already deposited by the appellants, is to be adjusted against the said amount. Penalty of Rs. 20,000.00 (Rupees twenty thousand) only is imposed upon the appellants. 14. emsp In view of the above Order, the Stay Petition as well as the appeal are disposed of.
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