2013 (11) TMI 336

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....n filed by the appellant seeks waiver and stay in respect of a penalty of Rs. 5,00,000/- (rupees five lakhs only) imposed on him under Section 114 of the Customs Act. On a perusal of the records, we find that Indian currencies amounting to over Rs. 73,00,000/- were seized from the appellant when he was about to board a flight to Sharjah. The currencies have been absolutely confiscated by the adjud....