2012 (12) TMI 884

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..... ides. The applicant filed this application for waiver of predeposit of duty of Rs.5,49,19,588/- and an equal amount of penalty imposed under Section 11AC of the Central Excise Act, 1944. 2. The contention of the ld. Advocate appearing for the applicant is that the demand has been confirmed by denying them the benefit of Notification No.108/95-CE dated 28.08.1995 as amended on the ground that on c .....

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..... nbsp; "Explanation 2.- For the removal of doubts, it is hereby clarified that the benefit under this notification, in the case of goods supplied to the projects financed by the United Nations or an international organization, is available when the goods brought into the project are not withdrawn by the supplier or contractor and the expression "goods are required for the execution of the project" .....

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