Appellate Tribunal grants name change, waiver, and stay on pre-deposit in credit utilization case

STEEL AUTHORITY OF INDIA LTD. Versus COMMR. OF C. EX., BELGAUM

STEEL AUTHORITY OF INDIA LTD. Versus COMMR. OF C. EX., BELGAUM - 2001 (127) E.L.T. 749 (Tri. - Chennai) The Appellate Tribunal CEGAT, Chennai allowed the appellant's name change. The appellant was required to pre-deposit Rs. 90,62,073.00. The appeal involved credit on inputs and alleged wrongful utilization. The appellant proposed to deposit the amount through their PLA account and requested restoration of credit in their RG 23A Part-II. The Tribunal granted waiver and stay, allowing the deposit through PLA and restoration of credit in RG 23A Part-II. The stay application and appeal were disposed of accordingly.