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2014 (4) TMI 57 - CESTAT CHENNAIWaiver of pre deposit - Valuation of goods - Enhancement in value of goods - Held that:- Lower authorities have also relied on the confessional statements given by the partner of the firm, wherein he had admitted having paid extra consideration to the supplier in respect of the subject consignment. According to the authorities, these confessional statements coupled with the fax message would be enough to raise differential duty demand on the importer and to penalise them - the aforesaid fax message pertained to later imports - valid reason for the appellants to claim prima facie case. Accordingly, there will be waiver of pre-deposit and stay of recovery in respect of duty and penalty amounts - Stay granted.
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