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1987 (5) TMI 193 - AT - CustomsExtract: .......the penalty imposed on the appellant under the provisions of Customs Act, 1962 from Rs. 7,000/- to Rs. 5,000/- (Rs. five thousand only) and the penalty under the provisions of the Gold (Control) Act, 1968 from Rs. 3,000/- to Rs. 1,500/- (Rs. one thousand and five hundred only). Except for the above modification, the appeals are otherwise dismissed.
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