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1988 (3) TMI 298 - AT - CustomsExtract: .......ircumstances, including the higher amount of depreciation allowed by us, we reduce the redemption fine from Rs. 5 lakhs to Rs. 25,000/- (Rupees twenty five thousand only) and the penalty from Rs. 2 lakhs to Rs. 10,000/- (Rupees ten thousand only). 9. The appeal is partly allowed in the above terms and the lower order modified as above is confirmed.
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