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1998 (11) TMI 560 - CEGAT, MUMBAIExtract: .......taining the licence. However, in deciding the quantum of penalty, we have discussed in the preceding paragraphs. Taking these facts into account and also the facts that the goods have been ordered confiscation, we are of the view that, a penalty of Rs. 5.00 lacs is appropriate and reduce the penalty to Rs. 5.00 lacs. 9. emsp Appeal allowed in part.
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