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2000 (5) TMI 268 - CEGAT, MUMBAIExtract: .......ndia. Secondly it has been represented before us that import of gold by specified passengers has been permitted in September, 1992 and the ornaments which were seized in January, 1993 might have been made out of such legally imported gold. 4. emsp Taking these aspects into consideration we waive deposit of the penalty imposed and stay its recovery.
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