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of <h1>CEGAT Tribunal: Appeal Allowed for Violating Notification 203/92 on Modvat Credit.</h1> The Appellate Tribunal CEGAT, Mumbai allowed the appeal as the appellant violated the conditions of Notification 203/92 by availing Modvat credit in the ... Import against Value Based Advance Licence - Notification No. 203/92-Cus The Appellate Tribunal CEGAT, Mumbai allowed the appeal as the appellant violated the conditions of Notification 203/92 by availing Modvat credit in the manufacture of exported goods. The Tribunal directed the appellant to provide evidence to show the actual duty payable within two months for further consideration by the Commissioner.
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