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Court Grants Stay on Pre-Deposit Waiver Request Amid Alleged Mis-Declaration in EPCG License Acquisition Case.
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....Waiver of pre-deposits - Prima facie the mis-declaration, if any, made by the applicants are not resulting in any short levy of duty or contravention of import policy. - At best there may be contravention of declaration given to the DGFT at the time of obtaining the EPCG licenses - stay granted - AT....