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Redemption Fine and Penalty Lifted for Tyres Imported Before DGFT Restrictions of 2008 Notification No. 64(RE)/2008-2004-2009.
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Import of new radial tyres on a date after 24.11.2008 when imports of such tyres were restricted by DGFT in terms of Notification No. 64(RE)/20082004-2009 dated 24.11.2008 - Steps to import were taken before the imposition of restriction - Redemption fine and penalty is set aside- AT