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2009 (8) TMI 669 - ALLAHABAD HIGH COURTSeizure – Value of truck seized- ].- The truck owned by the petitioner was intercepted on 9-8-2009 and 301.21 Kilograms of Chinese Silk Yarn, a contraband goods was found to be concealed between the bundles of laminated jute bags. Truck sold for Rs. 3,31,000 for which contention that punch value at time of seizure was Rs. 60,000. petitioner not claiming return of truck but only refund of amount. Tribunl reduced the redemption fine and penalty. Held that- partly allow the appeal by directing to refund the amount of Rs. 2,61,000.
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