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1987 (12) TMI 183 - CEGAT, MADRASExtract: .......asons indicated herein are voluntary and true meriting acceptance. However, in view of the fact that we have upheld the order of the adjudicating authority in regard to absolute confiscation of the currency, we reduce the penalty from Rs. 6,000 to Rs. 1,000 (Rs. One Thousand). Excepting for the above modification, the appeal is otherwise dismissed.
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