1989 (9) TMI 258

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..... e heard Sh. Gujral, the learned advocate and Shri Sharma, learned SDR on the stay application which seeks the waiver of pre-deposit and grant of stay in respect of penalty of Rs. 25,000/- imposed on the applicants. 2. The facts of this matter are that the applicants imported what they claim to be PVC leather belts. The customs examination of the consignment, as recorded on the bill of entry foun .....

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