https://www.taxtmi.com/caselaws?id=86946 Water-treatment chemicals used in cooling water were treated as eligible for Modvat credit on the strength of earlier Tribunal decisions, and the departmental representative accepted that the issue was covered against the Revenue. On that basis, the appellant established a prima facie case at the stay stage for waiver of pre-deposit of the duty and penalty arising from denial of Modvat credit. Pre-deposit was waived pending disposal of the appeal. en-us Fri, 02 May 1997 00:00:00 +0530 Mon, 29 Aug 2011 15:35:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86946 Water-treatment chemicals used in cooling water were treated as eligible for Modvat credit on the strength of earlier Tribunal decisions, and the departmental representative accepted that the issue was covered against the Revenue. On that basis, the appellant established a prima facie case at the stay stage for waiver of pre-deposit of the duty and penalty arising from denial of Modvat credit. Pre-deposit was waived pending disposal of the appeal. Case-Laws Central Excise Fri, 02 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86946