2008 (5) TMI 562

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....Shri M.K.A.K. Mohideen, JDR, for the Respondent. [Order per : P.G. Chacko, Member (J)]. - This application is for waiver of pre-deposit and stay of recovery in respect of Customs duty amounting to over Rs. 1.00 crore and equal amount of penalty. The appellants had imported what was declared as 'mixed wastepaper' from the USA and sought to clear the same in terms of Customs Notification No. 2....

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....s etc. It appeared to the department that these contraries were imported unauthorisedly, though a part of the imported wastepaper was covered by DEEC licences and the remaining portion was covered by OGL read with the relevant Notification. It was on this basis that the show-cause notice was issued, which culminated in the impugned order. 2. After hearing learned counsel for the appellants....