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2001 (4) TMI 686

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.... - On matter being called nobody is present on behalf of the appellant. Accordingly, I have heard Shri V.K. Chaturvedi, learned S.D.R. for the Revenue. 2. The appellant is aggrieved with the personal penalty of Rs. 3.50 lakhs imposed upon him. He is only owner of a transport company from the premises of which, a packet containing Raw Silk Yarn has been seized. The adjudicating authority....

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