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2008 (11) TMI 469 - CESTAT, NEW DELHIExtract: .......lows - (a) The demand of duty confirmed by the Commissioner is upheld. (b) Confiscation of the goods for having been imported without the licence is upheld but the redemption fine is reduced from Rs. 4,25,000/- to Rs. 1,50,000/- and the penalty is reduced from Rs. 80,000/- to Rs. 50,000/-. (Order dictated and pronounced in open court on 20-11-2008)
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