2012 (12) TMI 47

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....des. 2. The applicants filed this application for waiver of pre-deposit of duty of Rs.3,03,552/-, interest and penalty. The applicants are engaged in the manufacture of electric transformers. The applicants cleared two electric transformers without payment of duty to M/s International Homex Limited under invoice no. 41 dated 28.12.05 stating the intended clearance for Export. Show-cause notice wa....