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1986 (1) TMI 231 - AT - CustomsExtract: ....... gold ornaments of his family members which were melted into gold bars is not acceptable. 8. emsp So far as the quantum of penalty is concerned, in the facts and circumstances of the case, I reduce the penalty from Rs. 5000/- to Rs. 2000/- (Rupees two thousand only). Except for reduction in the quantum of penalty, the appeal is otherwise dismissed.
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