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1988 (10) TMI 208 - CEGAT, NEW DELHIExtract: .......000/-. In the circumstances, therefore, we uphold a penalty of Rs. 1,000/- against the appellants under Section 75 of the Gold Control Act. 10. In short, confiscation of the gold ornaments is set aside and consequently the redemption fine is set aside. Penalty is reduced from Rs. 25,000/- to Rs. 1000/- as held above. Appeal disposed of accordingly.
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