Redemption Fine and Penalty on Marble Blocks Reduced Due to Non-Compliance with DGFT Authorization Policy.

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....Confiscation and redemption fine - Policy conditions - Rough Marble Blocks - In case of declared value is less than the floor price, i.e USD 275, the appellant is required to obtain authorization from DGFT in terms of circular - However, the appellant have not obtained any authorization. - The redemption fine and penalty confirmed, however needs to be reduced. - AT....