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1982 (6) TMI 248 - CGOVT - Central ExciseExtract: ....... absolute confiscation and decide that the gold be allowed to be redeemed on payment of a fine of ₹ 2500/- within a month hereof. The gold should be disposed of according to law, after release. The orders of penalty are, however, confirmed. The orders of lower authorities are modified to this extent and the application is otherwise rejected.
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