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2007 (4) TMI 481 - CESTAT, KOLKATAExtract: .......the attempt to export was foiled by the vigilant Customs Officials and no illegal export could take place as a result, we reduce the redemption fine to Rs. 2.00 lakhs (Rupees two lakhs) and we reduce the penalty to Rs. 50,000.00 (Rupees fifty thousand). The appeal is otherwise rejected. (Operative part of the Order was pronounced in the open court)
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