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2009 (3) TMI 840 - AT - CustomsExtract: .......lery cannot be fully set aside in its entirety. However, having regard to the fact that the Gold Control Act which was repealed almost 18 years ago, we reduce the penalty imposed on the appellants under the Gold Control Act from Rs. 35,000/- to Rs. 5,000/-. 3. emsp The appeal is thus partly allowed. (Order dictated and pronounced in the open Court)
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