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2005 (1) TMI 178 - AT - CustomsExtract: .......ken into account all the facts and circumstances of the case as required for the proper exercise of our jurisdiction in determining the quanta of fine and penalty. Accordingly, we reduce the quantum of fine to Rs. Ten lakhs and that of penalty to Rs. One lakh. 7. The impugned order will stand modified to the above extent. The appeal is disposed of.
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