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1987 (2) TMI 212 - AT - CustomsExtract: .......ming the assessable value in accord with our judgment in relation to the earlier import of the first instalment (Order No. 509/85-A in Appeal No. C/144/85-A), we set aside the order for confiscation as well as penalty. The appeal of M/s Basant Industries (No. 1442/85) is allowed to that extent. The appeal of the Revenue (No. 912/86-A) is dismissed.
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