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2011 (7) TMI 633 - CESTAT, DELHIAppeal for enhancement of redemption fine and amount of penalty, lowered by Commissioner - assessee guilty of suppression of value of goods with intend to evade duty - Held that:- As the appellant had suppressed the value of goods and since goods were imported in violation of the restriction imposed under EXIM Policy, penalty ordered by Commissioner (Appeals) is low. Hence, penalty is enhanced to Rs.50,000/- from Rs. 10,000/-. However, we find no ground to interfere with the amount of redemption fine.
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