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2007 (2) TMI 555 - AT - CustomsExtract: .......e reduce the penalties under Section 112(b) and Section 112(a) to Rs. 6,50,000/- (Rupees six lakhs fifty thousands only) and Rs. 1,00,000/- (Rupees one lakh only) respectively. 11. emsp The impugned order is sustained with modification of the quanta of penalties as above and the appeal is dismissed on merits. (Pronounced in open court on 20-2-2007)
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