2007 (1) TMI 401

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Full Text of the Document

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....or the Respondent. [Order per : S.S. Kang, Vice-President]. - Heard both sides. 2. The applicants filed this application for waiver of pre-deposit of duty Rs. 3,00,311/- and penalty of Rs. 50,000/-. The applicants claimed 2% service discount from the assessable value of the goods manufactured by them. This discount is in lieu of guarantee for repairing pump subject to the condition that t....