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2003 (7) TMI 239 - AT - CustomsExtract: .......n regarding imposition of redemption fine merits acceptance in view of the decision of this Tribunal in the case of Prudential Pharmaceuticals Ltd. 6. In view of what is stated above, the impugned order is confirmed in relation to duty demand and penalty. However, redemption fine of Rs. 4.25 lakhs is set aside. The appeal is ordered on these terms.
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