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2004 (9) TMI 169 - AT - CustomsExtract: ........ 95,000/- in this case. 3. In view of the finding, the shortfall of US 8 per MT in the floor price due to exchange fluctuation, for which the licence was not accepted is condoned as the bona fide were not in doubt. We have condoned the same and set aside the confiscation under Section 111(d) and fine of Rs. 95,000/-. 4. Appeal allowed accordingly.
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