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2006 (9) TMI 335 - CESTAT, MUMBAIExtract: .......s are liable to confiscation. However, looking into totality of the facts, we reduce the redemption fine from Rs. 15 Lakhs to Rs. 10 Lakhs and penalty of Rs. 7.5 Lakhs imposed on M/s. Vishal Exports to Rs. 4 Lakhs. The personal penalty of Rs. 2.5 Lakhs imposed on Shri Pradeep Mehta is reduced to Rs. 1.5 Lakhs only. (Pronounced in Court on 1-9-2006)
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