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The High Court of Judicature at Bombay dismissed an appeal where the petitioner argued that the Tribunal did not consider the FOB contract in a customs case. The court found that despite the FOB contract being on record, the penalty imposed was justified due to misdeclaration of goods' value. The appeal was dismissed. (Citation: 2009 (7) TMI 168 - HIGH COURT OF JUDICATURE AT BOMBAY)
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