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    <title>2003 (11) TMI 493 - CESTAT, MUMBAI</title>
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    <description>The appellate tribunal partly allowed the appeal, modifying penalties and fines imposed by the Commissioner. The tribunal upheld findings of discrepancies in diamonds and the justified invocation of the extended period for duty demand. Penalties were reduced for the appellant and its Chairman, with the duty demand confirmed. The redemption fine for the export consignment was reduced, and the penalty on the Chairman was set aside due to lack of involvement in day-to-day operations.</description>
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    <pubDate>Mon, 10 Nov 2003 00:00:00 +0530</pubDate>
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      <title>2003 (11) TMI 493 - CESTAT, MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=112776</link>
      <description>The appellate tribunal partly allowed the appeal, modifying penalties and fines imposed by the Commissioner. The tribunal upheld findings of discrepancies in diamonds and the justified invocation of the extended period for duty demand. Penalties were reduced for the appellant and its Chairman, with the duty demand confirmed. The redemption fine for the export consignment was reduced, and the penalty on the Chairman was set aside due to lack of involvement in day-to-day operations.</description>
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      <pubDate>Mon, 10 Nov 2003 00:00:00 +0530</pubDate>
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