2014 (5) TMI 405

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..... zed by Development Commissioner - The licence for warehousing is found valid and the goods are also within the period of warehousing – Therefore, assessee has made out a prima facie case for waiver of pre-deposit - Thus, requirement of pre-deposit is waived of all dues adjudged against assessee and stay recovery thereof during the pendency of appeal - Stay petitions are allowed – Decided in favour .....

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..... arized the import of the goods. The contention is that they imported capital goods worth Rs. 47 Crores as against the permission to import of Rs. 57 Crores. The contention is that their warehousing licence is valid upto 2014 and the capital goods are having warehousing period of 5 years and all the goods are within the warehousing period. The audit objection was subsequently dropped. 4. We find .....

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