2000 (6) TMI 539

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....cant prays for unconditional waiver of the pre-deposit of the penalty amount of Rs. 50,000.00 imposed upon him, vide Order-in-Original dated 15-10-1999. 2. Shri P.K. Sengupta, learned Consultant for the applicant, submits that there is no evidence to the effect that the goods are of foreign origin. The impugned goods are neither prohibited nor notified. Hence absolute confiscation of the imp....