2004 (5) TMI 207

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....ication for waiver of pre-deposit of duty of Rs. 50,38,894/- and penalty of Rs. 5 lakhs arises out of the order of the Commissioner (Appeals). The demand was confirmed against the applicants by the Dy. Commissioner of Central Excise by denying the benefit of Notification No. 2/95 to clearances made by the applicants in terms of Para 9.10(b) i.e. clearance to DTA against payment of foreign exchange....