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2001 (2) TMI 223 - AT - CustomsExtract: .......d in this appeal. Having regard to these facts, and what we estimate will be the probable duty liability, we think that the fine for redemption of the rig should be Rs. 25.00 lakhs, and penalty on it under Section 112 of the Act to Rs. 5.00 lakhs. The fine and penalty are so reduced. 51.Appeal of Sedco allowed in part and all other appeals allowed.
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