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Court Reduces Fine and Penalty for SSI Exemption Case to Rs. 50,000 Due to Record-Keeping Lapse.

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....SSI Exemption - Merely for non-maintenance of records, the redemption fine of ₹ 2 lakhs and penalty equal to the duty involved on the seized goods is too high. Fine and penalty reduced to ₹ 50,000/- - AT....

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