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2005 (3) TMI 371 - AT - CustomsExtract: .......umstances of the case, we reduce the penalty to Rs. 75,000/- (Rupees Seventy-five thousand only). 9. The impugned order is set aside on the valuation issue and upheld on the confiscation-related issues, but with reduction of quanta of redemption fine and penalty as above. The appeal is disposed of accordingly. (Pronounced in open court on 1-3-2005)
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