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    <title>1998 (1) TMI 274 - CEGAT, MUMBAI</title>
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    <description>Inaccurate export declarations based on test results justified confiscation and exposure to redemption fine and penalty. Although the appellant did not contest the order on merits, the Tribunal treated confiscation and penal liability as legally sustainable, while granting limited relief on quantum by reducing both monetary sanctions in line with similar prior cases. The redemption fine was cut from Rs. 1,25,000 to Rs. 1,00,000, and the penalty from Rs. 1,00,000 to Rs. 50,000.</description>
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      <link>https://www.taxtmi.com/caselaws?id=91589</link>
      <description>Inaccurate export declarations based on test results justified confiscation and exposure to redemption fine and penalty. Although the appellant did not contest the order on merits, the Tribunal treated confiscation and penal liability as legally sustainable, while granting limited relief on quantum by reducing both monetary sanctions in line with similar prior cases. The redemption fine was cut from Rs. 1,25,000 to Rs. 1,00,000, and the penalty from Rs. 1,00,000 to Rs. 50,000.</description>
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