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2005 (9) TMI 702

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....ation Order No. 27/VSI/2000 dated 28-4-2000 passed by Assistant Director, Enforcement Directorate imposing a penalty of Rs. 60,000 for not taking sufficient and reasonable steps for repatriation of the export proceeds in contravention of the provisions of section 18(2) read with section 18(3) of the Foreign Exchange Regulation Act, 1973. 3. While disposing of application for dispensation of the....

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