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1993 (3) TMI 241 - AT - CustomsExtract: .......at they are only the carriers of the gold, who have carried the gold for monetary consideration which has to be cleared on payment of duty, penalties would therefore call for substantial reduction. We therefore reduce the personal penalty to Rs. 5000/- (Rupees Five thousand only) in each case. 8. Both the appeals are disposed of in the above terms.
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