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1994 (2) TMI 144 - CEGAT, NEW DELHIExtract: .......d various returns are prescribed by Reserve Bank of India to keep a check of the foreign currency by them, we reduce the quantum of redemption fine to Rs. 1 lakh (Rupees One Lakh) and reduce the penalty to Rs. 25,000/- (Rupees Twenty Five thousand only). 7.01 Subject to the above modification the impugned order is confirmed and the appeal rejected.
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