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1999 (5) TMI 252 - AT - CustomsExtract: .......mported in the bona fide belief the imposition of heavy fine was not warranted. Therefore, on perusal of the facts and the cited judgment in case of Jiwani rsquo s we reduce the quantum of fine from Rs. 10 lakhs to Rs. 1 lakh and remit totally the penalty imposed upon the importers. 19. emsp But for the above modifications, the appeal is dismissed.
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