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1986 (3) TMI 241 - AT - CustomsExtract: .......o Rs. 5,000/- only. 9. In the result, we partly accept this appeal, set aside the order with regard to confiscation of the seized gold/gold ornaments but uphold the imposition of penalty which is however, reduced to Rs. 5,000/-(five thousand only) for the reasons stated above. The impugned order of the Collector stands modified to the above extent.
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