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    <title>2013 (10) TMI 33 - CESTAT MUMBAI</title>
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    <description>The tribunal reduced redemption fines and penalties imposed on appellants for carrying currencies exceeding permissible limits, citing a precedent allowing USD 25,000 for specific purposes. The tribunal differentiated penalties for each appellant based on the currencies carried, with one appellant facing no fines or penalties for being within limits. Appellants contesting high fines and penalties without disputing smuggling allegations saw reductions in fines and penalties, with the tribunal considering individual circumstances.</description>
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    <pubDate>Tue, 23 Jul 2013 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=237578</link>
      <description>The tribunal reduced redemption fines and penalties imposed on appellants for carrying currencies exceeding permissible limits, citing a precedent allowing USD 25,000 for specific purposes. The tribunal differentiated penalties for each appellant based on the currencies carried, with one appellant facing no fines or penalties for being within limits. Appellants contesting high fines and penalties without disputing smuggling allegations saw reductions in fines and penalties, with the tribunal considering individual circumstances.</description>
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