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2002 (10) TMI 171 - CEGAT, KOLKATAExtract: .......on fine and would quantify the duty leviable on the said silver and the appellants would be at option to redeem the same on payment of redemption fine and duty. (b) The order of confiscation of redemption fine of Rs. 25,000/-(Rupees twenty five thousand) is upheld. (c) Penalty of Rs. 30,000/- (Rupees thirty thousand) on Shri Shree Bhagat is upheld.
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