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2010 (9) TMI 1027 - AT - CustomsExtract: .......a), there is a definite case for reduction of redemption fine and penalty, in terms of the judgment, and following the said ratio we reduce the redemption fine to ₹ 1,00,000/- and penalty to ₹ 50,000/-. Thus the appeal is allowed partially as indicated hereinabove with consequential relief if any. (Pronounced in open Court on 23-9-2010)
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