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2001 (10) TMI 988 - AT - CustomsExtract: .......partment we see no point in the prayer for stay of encashment of Bank guarantees and accordingly reject the same. In view of this there is no necessity for passing any order on the prayer for waiver of pre-deposit of the duty since the duty amount stands secured by the furnishing of bank guarantees. 7. emsp The application is disposed off as above.
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