2008 (1) TMI 755

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....llant. Shri K.J. Sanchis, JDR, for the Respondent. [Order per : M. Veeraiyan, Member (T)]. - Heard both sides on the stay petition. 2. The applicant had made supplies to projects funded by Asian Development Bank (ADB) and availed the exemption from payment of duty under Notification No. 108/95. When goods are cleared on exemption the credit involved on the raw materials requires t....