2002 (12) TMI 536

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....he Respondent. [Order per : S.S. Kang, Member (J)]. - The applicants filed this application for waiver of pre-deposit of duty of Rs. 29.68 lakhs and Rs. 98.66 lakhs and penalty of Rs. 1.28 crore. 2. Heard both sides. The applicant is a 100% export oriented unit engaged in the manufacture of cotton yarn. The applicants were permitted to clear 50% of their export of FOB value in the domesti....