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2015 (1) TMI 494 - CESTAT KOLKATAWaiver of pre-deposit - goods were supplied to Tamil Nadu Water Supply and Drainage Board for execution of the project under the World Bank assistance - Notification No.108/95 - Held that:- It has been submitted that the loan is sanctioned by the World Bank only on approval of the project by the Govt. of India and therefore all the conditions of the Notification has been fulfilled. We find that the name of the assessee is specifically appearing on the certificate issued by Secretary to the Government, Finance Deptt., Govt. of Tamil Nadu, Chennai. In view of these facts prima facie we are of the opinion that the Applicant has been able to make out a case for full waiver of the pre-deposit. - Stay granted.
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