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1986 (10) TMI 156 - AT - CustomsExtract: .......ncerned the conveynace becomes liable for confiscation in terms of Section 115(2) of the Act. Taking the facts and circumstances of this case we feel interests of justice would be met if the fine imposed on the shipping corporation is reduced from Rs. 4,00,000/- to Rs. 50,000/-. Except for the above modifications, the appeal is otherwise dismissed.
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