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1993 (1) TMI 194 - CEGAT, NEW DELHIExtract: ....... hold as follows (a) The imported goods are confiscated with an option to redeem the same on payment of a fine of Rs. 5 lakhs. (b) The personal penalty imposed on M/s. Suneel Communications is reduced to Rs. 75,000/- (c) The penalty of Rs. 50,000/- imposed upon M/s. J and K Bank is set aside. 19. emsp The appeals are disposed of in the above terms.
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