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The Appellate Tribunal CEGAT, Mumbai dealt with waiver of penalty deposits for Ibrahim Osman Jasraya and Osman Jusab Jasraya. Ibrahim Osman Jasraya was directed to deposit Rs. 2 lakhs within two months due to smuggling involvement, while Osman Jusab Jasraya's penalty deposit was waived. Compliance was required by 7-12-1998.
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