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<h1>CEGAT Orders Deposit of Rs. 2 Lakhs in Modvat Dispute</h1> The Appellate Tribunal CEGAT, New Delhi directed the applicants to deposit Rs. 2 lakhs within eight weeks in a dispute concerning Modvat credit on inputs ... Stay/Dispensation of pre-deposit - Modvat The judgment by the Appellate Tribunal CEGAT, New Delhi involved a dispute regarding Modvat credit on inputs used in exempted tractors. The Tribunal directed the applicants to deposit Rs. 2 lakhs within eight weeks, with the balance recovery stayed during the appeal process. Compliance to be reviewed on 12-1-1999.