Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Appellate Tribunal grants stay and waiver in Modvat credit denial case</h1> The Appellate Tribunal CEGAT, Mumbai granted unconditional stay and waiver of the demanded amount to applicants in a case concerning denial of Modvat ... Stay/Dispensation of pre-deposit - Modvat The Appellate Tribunal CEGAT, Mumbai heard a case regarding denial of Modvat credit to applicants who purchased goods on High Sea Sale basis. The original authority and Collector (Appeals) upheld the denial, resulting in an appeal with a pre-deposit condition. The Tribunal found a strong prima facie case in favor of the applicants, granting unconditional stay and waiver of the demanded amount for final hearing at a later date.