2012 (1) TMI 116

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..... missioner(AR), for the Respondent. ORDER Heard both sides. 2. The applicant filed this application for waiver of pre-deposit of duty of Rs. 47,98,184/- and interest. 3. The brief facts of the case are that the applicant received certain capital goods in their factory and availed credit of duty paid on the capital goods. Subsequently the capital goods were exported under bond without .....

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..... dated 29-8-2000 that there is no bar for a manufacturer to remove the inputs and capital goods for export under bond. In view of the above Circular, we find that the applicant has a strong prima facie case in their favour, therefore the pre-deposit of duty and interest is waived and recovery of the same is stayed during the pendency of the appeal. The stay petition is allowed. (Dictated in Court .....

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