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2015 (3) TMI 586

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....DER Per P.K. Das 1. The applicant filed this application for waiver of predeposit of duty of Rs. 1,57,93,792/- along with interest and penalty. Heard both sides and perused the records. 2. The applicant imported 44 consignments of self-adhesive tapes over a period from 2004 to 2007.  On investigation, it was found the applicants had undervalued the goods in respect of the said Bills ....