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2008 (5) TMI 570 - CESTAT, BANGALOREExtract: .......ant is liable for penalty under the Customs Act. However, taking into account the facts and circumstances of the case, the fine is reduced to Rs. 8,00,000/- and penalty is reduced to Rs. 2,00,000/-. Thus the miscellaneous application filed by the Revenue and the appellant are disposed of in the above manner. (Pronounced in Open Court on 29-5-2008.)
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