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2005 (3) TMI 670

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....  Heard both sides. 2.The applicant filed this application for waiver of pre-deposit of duty of Rs. 8,21,876/- and penalty of Rs. One lakh. The applicants are engaged in the manufacture of Sugar and Bagasse is their by-product and cleared without payment of duty. The Revenue was asking 8% of the value of Bagasse cleared by the applicants as provided under Rule 57CC of Central Excise Rules. T....