Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>CEGAT Kolkata Tribunal grants stay in Modvat credit disallowance case, waives pre-deposit.</h1> <h3>INDIA JUTE & INDUSTRIES LTD. Versus COMMISSIONER OF C. EX., CALCUTTA-IV</h3> INDIA JUTE & INDUSTRIES LTD. Versus COMMISSIONER OF C. EX., CALCUTTA-IV - 2001 (136) E.L.T. 571 (Tri. - Kolkata) The Appellate Tribunal CEGAT, Kolkata considered a stay petition regarding the disallowance of Modvat credit. The appellants argued that the credit was disallowed due to discrepancies in truck numbers on invoices and challans, but they had proof of receipt of inputs. The Tribunal found in favor of the appellants, stating that there was no suppression and dispensed with the condition of pre-deposit of duty and penalty.