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2001 (2) TMI 528

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....der]. -  On hearing both the sides on the stay application, the appeal itself was taken up for disposal after granting waiver of pre-deposit of the duty amounting to Rs. 22,875/- and penalty of Rs. 1,000/- imposed on the appellants. 2. The Asstt. Commissioner of Customs confirmed recovery of Modvat credit amounting to Rs. 22,875/- under Rule 57-I of the Central Excise Rules, 1944 a....