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1997 (11) TMI 148

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..... mber (T)]. M/s. Carrier Aircon Ltd. have filed the present stay application praying for waiving the pre-deposit and staying the recovery of the demand of duty amounting to Rs. 76,281/-. 2. We have heard Shri R. Krishnan, advocate for the appellants and Shri S.N. Ojha, JDR for the respondents Revenue. 3. On import for countervailing duty purpose, the goods were assessed under sub-heading .....

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..... these should be correctly classifiable under sub-heading No. 8414.90 in the Customs Tariff and Heading No. 8414.99 of the Central Excise Tariff. 4. Shri R. Krishnan, Advocate had submitted that there was mistake on the part of both the importer and the Revenue and that the stators were correctly classifiable as parts of electric motors. Shri S.N. Ojha, JDR submits that there was no mistake on t .....

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..... Taking all the relevant considerations into account, we direct the applicants to pre-deposit the sum of Rs. 50,000/- (Rupees Fifty thousands only) within the period of three months from today. On depositing the above sum of Rs. 50,000/- within the period of three months from today, pre-deposit of the rest of the duty amount will be waived and recovery thereof stayed till the disposal of the appeal .....

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