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2016 (1) TMI 8 - AT - CustomsWaiver of pre deposit - Demand of differential duty - EPCG Scheme - Held that:- EPCG scheme under which the car was imported has time till 2018, that is for fulfilling the export obligations as committed by the appellant. Be that as it may, it is undisputed that the car imported is registered in the name of main appellant who is in the hospitality business. It is also seen from the records that they have been showing revenue accrued in foreign exchange earned by them towards the export obligations committed to the government of India. We also would like to record that in an identical issue, in the case of M/s. Goldfinch Hotels Pvt. Ltd. [2015 (6) TMI 185 - CESTAT MUMBAI], this bench has taken a view which is in favour of the appellant. In our view, as long as the export obligations as committed are met prima facie appellants have made out a case for waiver of pre-deposit of the amounts in question in these stay petitions - Stay granted.
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