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of <h1>Appellate Tribunal grants duty waiver for Sovereign Printery, allows Modvat credit without Rule 57G declaration</h1> <h3>SOVEREIGN PRINTERY Versus COMMISSIONER OF CENTRAL EXCISE, MUMBAI-I</h3> The Appellate Tribunal CEGAT, Mumbai granted waiver of duty deposit for M/s. Sovereign Printery amounting to Rs. 68.98 lakhs. Despite the applicant not ... Stay/Dispensation of pre-deposit - Modvat The judgment by Appellate Tribunal CEGAT, Mumbai involved waiver of duty deposit for M/s. Sovereign Printery totaling Rs. 68.98 lakhs. The applicant argued for Modvat credit availability despite not filing a Rule 57G declaration. The tribunal ordered waiver of the remaining duty and penalties upon the applicant depositing Rs. 10 lakhs within 3 months.
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