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    <description>Waiver of pre-deposit was granted where a State PSU showed substantial losses through balance-sheet material and raised a prima facie limitation plea. The show cause notices were issued in 2006 for duty liability relating to the period from March 2002 to February 2003, supporting the contention that the demand was time-barred. The appellant&#039;s financial hardship, combined with the prima facie bar of limitation, justified stay of recovery pending further proceedings.</description>
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