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1999 (12) TMI 241 - CEGAT, MUMBAIExtract: ....... 7. emsp We find some leniency could be given regarding quantum of penalty under both Act. Penalty of equal amount has been levied under Gold (Control) Act and Customs Act. We reduce the same from Rs. 50,000/- to Rs. 10,000/- under each of the Act. 8. emsp With these modifications the appeals stands dismissed. Consequential relief according to law.
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