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The Appellate Tribunal CEGAT, BOMBAY considered reducing a personal penalty of Rs.10,000 on the Appellant and converting the absolute confiscation of watches to redemption on payment of a fine. The Appellant admitted the charge of importing prohibited goods without a license. The penalty was found to be less than required by law, so no reduction was granted. The Tribunal upheld the decision of absolute confiscation of the goods. The Appeal was dismissed. [Case: 1985 (5) TMI 149 - CEGAT, BOMBAY]
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