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1999 (7) TMI 121 - AT - CustomsExtract: .......on fine at Rs. 11.00 lacs for goods valued at Rs. 8.90 lacs, which works out to about 123 . Applying the same percentage to the value of the goods presently under consideration, the redemption fine would be a little over Rs. 4.00 lacs. Accordingly, we reduce the redemption fine to Rs. 4.00 lacs. Appeal allowed in part. Consequential relief, if any.
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