1989 (9) TMI 258

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....pondent. [Order per : I.J. Rao, Member (T)]. - We heard Sh. Gujral, the learned advocate and Shri Sharma, learned SDR on the stay application which seeks the waiver of pre-deposit and grant of stay in respect of penalty of Rs. 25,000/- imposed on the applicants. 2. The facts of this matter are that the applicants imported what they claim to be PVC leather belts. The customs examination of....