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2003 (12) TMI 542

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....V. Parelkar, DR, for the Respondent. [Order per : Jyoti Balasundaram, Member (J)]. -  Arguing on the application for waiver of pre deposit of penalty of Rs. 50,000/- imposed on the applicant who is the director of M/s. Air and Sea Clearing Forwarding P. Ltd. (CHA), ld. Counsel Mr. Korde submits that the material on record is not sufficient prima facie to sustain the penalty. He submits ....

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