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2006 (11) TMI 386 - AT - CustomsExtract: ....... liable to personal penalty under the said provisions. However, taking into account the other all facts and circumstances of the case we reduce the personal penalty of Rs. 10 lakhs to Rs. 50,000/- (Rupees fifty thousand only). But for the above modification in the quantum of penalty. Appeal is otherwise rejected. (Pronounced in Court on 15-11-2006)
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