2010 (1) TMI 1035

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..... onfiscated on the ground that the assessees did not produce pre-shipment inspection certificate as required under the EXIM Policy, with an option of redemption on payment of a fine of Rs. 2,00,000/- and, in addition, a penalty of Rs. 50,000/- has been imposed upon the importers. 2. I have heard both sides. I find force in the submission of the assessees that requirement of production of pre-ship .....

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