1995 (12) TMI 140 - Customs

Extract:
....... magnetic locks or mechanical number locks. In these circumstances, we are not persuaded to agree that the appellant should be allowed to re-export the goods. 13. emsp However, in the circumstances, we reduce the redemption fine from Rs. 5 lacs to Rs. 3 lacs. Penalty is reduced from Rs. 50,000.00 to Rs. 30,000.00 14. Appeal is accordingly disposed.