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<h1>CEGAT Mumbai: Waiver of Pre-Deposit and Modvat Credit Allowed</h1> <h3>APEX PAPER MILLS (P) LTD. Versus COMMISSIONER OF C. EX. & CUS., NAGPUR</h3> The Appellate Tribunal CEGAT, Mumbai waived the pre-deposit of duty and penalty, allowed Modvat credit on wire mesh and felts as eligible inputs under ... Modvat/Cenvat The Appellate Tribunal CEGAT, Mumbai waived the pre-deposit of duty and penalty, allowed Modvat credit on wire mesh and felts as eligible inputs under Rule 57A, and set aside the impugned order, following a decision of the Larger Bench of the Tribunal.