2008 (10) TMI 314

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..... ty of Rs. 10,00,000/-. The said Order is appealable under Section 129A of the Customs Act. The learned Counsel for the petitioner has contended that the petitioner would be ready and willing to deposit the total sum of Rs. 20,00,000/-, and thus prayed for a direction for refund of the balance amount - prima facie, we are of the view that the Appellate Tribunal is possessed of the powers to deal wi .....

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..... Indian Rs. 51,68,000/-, is challenged in this Petition. The impugned Order further gives an option to the petitioner to redeem the seized currency in lieu of confiscation, on payment of redemption fine of Rs. 10,00,000/- and personal penalty of Rs. 10,00,000/-. The said Order is appealable under Section 129A of the Customs Act. The learned Counsel for the petitioner has contended that the petitio .....

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..... grievance of the petitioner voiced in this petition. Hence, at this stage, we are not inclined to entertain the petition as there exists an alternative efficacious remedy in form of appeal under Section 129A of the Customs Act. 3. At this stage, the learned Counsel for the petitioner seeks permission to withdraw the Writ Petition with liberty to file an appropriate application before the Tribun .....

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