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2011 (3) TMI 1563 - CESTAT CHENNAIExtract: .......with the payment of duty and not under any of the export promotion scheme. In this view of the matter, in the circumstances of this particular case, we hold that licence was not required for the import of shuttleless loom imported by the appellants, and set aside confiscation and penalty and allow the appeal. (Dictated and pronounced in open Court)
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