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Issues: Whether pre-deposit of duty and penalty should be waived and recovery stayed pending disposal of the appeal.
Analysis: The application concerned waiver of pre-deposit under Section 35F of the Central Excise Act, 1944. On the material placed, a prima facie case was found in favour of the appellant in relation to exemption claimed under Notification No. 10/97-C.E. dated 01.03.1997.
Outcome: Full waiver of pre-deposit of duty and penalty was granted and recovery was stayed pending disposal of the appeal.