2010 (10) TMI 1146

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..... ns recorded below, we waive pre-deposit of penalty imposed upon the appellants herein and proceed to decide the appeal itself, with the consent of both sides. 2. The brief facts are that on 02.08.03, DRI officers intercepted the appellant who was bound for Singapore by Singapore Airlines, at the Aerobridge of the International airport, Chennai. Nothing was recovered from his hand baggage. Howev .....

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..... and to certain others. The notice was adjudicated by the Commissioner who absolutely confiscated the foreign currencies and imposed a penalty of ₹ 10 lakhs on the appellants. Hence, this appeal. 2. We have heard both sides. We find that the statements on record clearly bring out that the appellant attempted to smuggle the foreign currencies out of India. He has also admitted that the for .....

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