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2007 (3) TMI 502 - CESTAT, MUMBAIExtract: .......the value of the goods (approximately Rs. 32 lakhs) has been furnished by the applicants and this would adequately safeguard the interests of the Revenue. We are, therefore, of the view that no pre-deposit is called for in this case and hence dispense with the duty and penalties and stay recovery thereof pending these appeals. (Pronounced in Court)
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