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of <h1>Appellate Tribunal requires pre-deposit of duty for inadmissible Cenvat credit on capital goods</h1> <h3>ISPAT METALLICS INDIA LTD. Versus COMMISSIONER OF CENTRAL EXCISE, RAIGAD</h3> The Appellate Tribunal CESTAT, Mumbai directed the appellant to make a pre-deposit of duty of Rs. 1,94,464 within 8 weeks as Cenvat credit on capital ... Stay/Dispensation of pre-deposit The Appellate Tribunal CESTAT, Mumbai directed the appellant to make a pre-deposit of duty of Rs. 1,94,464/- within 8 weeks as Cenvat credit on capital goods for briquetting plant was not admissible. Failure to comply would result in dismissal of the appeal. (2004 (6) TMI 376 - CESTAT, MUMBAI)
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