2009 (4) TMI 687

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....pondent. [Order per : Jyoti Balasundaram, Vice-President]. - The application for stay of operation of the order of the Commissioner who has arrived a particular quantum of fine in lieu of confiscation of Indian Currency of Rs. 50,00,000/- and penalty (Revenue seeks enhancement of fine and penalty) is rejected as the Commissioner prima facie has given reasons for arriving at the quantum of both ....