2001 (1) TMI 268

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..... Member (J)]. For reasons recorded below, we dispense with the pre-deposit of penalty of Rs. 5 lakhs imposed upon the applicant herein and proceed to take up the appeal itself for hearing. 2. The proceedings before the Adjudicating Authority commenced with the seizure on 2-11-99 and confiscation of assorted goods of foreign origin valued at approximately Rs. 23 lakhs. The applicant herein .....

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