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2008 (8) TMI 758 - CESTAT, BANGALOREExtract: .......L. Presently, they have not taken the credit also. In view of the submissions made, which prima facie are in assessee rsquo s favour, we grant waiver of pre-deposit of penalty of Rs. 50 lakhs and stay its recovery. Stay application allowed. This appeal along with the appeal of M/s. LML should come up in turn. (Pronounced and dictated in open Court)
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