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2001 (9) TMI 838 - CEGAT, KOLKATAExtract: .......e proceeds of smuggled gold. There is nothing on record to establish the same. As such, I set aside the confiscation of Indian currency of Rs. 3,00,000/- and order the release of the same. 7. emsp In view of the partial allowing of the appeal, the personal penalty of Rs. 50,000/- is reduced to Rs. 25,000/-. Appeal is disposed of in the above terms.
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