CEGAT Admits Appeal by Incab Industries Ltd. on Modvat Credit Issue The Appellate Tribunal CEGAT, CALCUTTA admitted the appeal of M/s. Incab Industries Ltd. against Order-in-Appeal No. P/72/98, dated 20-4-1994 after ...
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CEGAT Admits Appeal by Incab Industries Ltd. on Modvat Credit Issue
The Appellate Tribunal CEGAT, CALCUTTA admitted the appeal of M/s. Incab Industries Ltd. against Order-in-Appeal No. P/72/98, dated 20-4-1994 after waiving the pre-deposit penalty of Rs. 14,000. The case involved Modvat credit on invoices without pre-printed serial numbers, which was reversed by the appellant. The appeal was admitted as there was no dispute about the eligibility of inputs for credit, only procedural irregularities were noted.
The Appellate Tribunal CEGAT, CALCUTTA admitted the appeal of M/s. Incab Industries Ltd. against Order-in-Appeal No. P/72/98, dated 20-4-1994 after waiving the pre-deposit penalty of Rs. 14,000. The case involved Modvat credit on invoices without pre-printed serial numbers, which was reversed by the appellant. The appeal was admitted as there was no dispute about the eligibility of inputs for credit, only procedural irregularities were noted.
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