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2009 (1) TMI 641 - AT - CustomsExtract: .......ced from Rs. 2.5 lakhs to Rs. 1,00,000/- (Rupees One lakh only). (b) The penalty is reduced from Rs. 1,50,000/- to Rs. 75,000/- (Rupees Seventy-five thousand only). (c) Duty of Rs. 7,46,619/- shall be payable unless any licence valid for duty free import under DEEC scheme applicable as of now is produced. (Dictated and Pronounced in the open Court)
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