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1995 (5) TMI 158 - AT - CustomsExtract: .......pping Agency Pvt. Ltd. are also liable to be penalised and accordingly, the penalty imposed on them is in accordance with law. However, in the facts and circumstances of the case, the penalty is reduced to a sum of Rs. 50,000.00 (Rupees fifty thousand only). But for this reduction of penalties in the above two appeals, they are otherwise dismissed.
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