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The Appellate Tribunal CEGAT, New Delhi heard a stay application by M/s. Carrier Aircon Ltd. regarding a demand of duty amounting to Rs. 76,281. The issue was the correct classification of imported stators. The Tribunal directed the applicants to pre-deposit Rs. 50,000 within three months, with the rest of the duty amount waived pending appeal. Compliance and further orders were set for 10th February, 1998. (Case Citation: 1997 (11) TMI 148 - CEGAT, New Delhi)
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