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2008 (6) TMI 516 - AT - CustomsExtract: .......stances of the case, imposition of penalty on the appellant is also justified. Taking into account involvement of duty, the amounts of fine and penalty are excessive. Accordingly, I reduce the redemption fine to Rs. 50,000/- and penalty to Rs. 25,000/-. The appeal is disposed of in the above terms. (Order dictated and pronounced in the open Court).
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