https://www.taxtmi.com/caselaws?id=89621 Unconditional stay of recovery and waiver of pre-deposit were granted in an excise duty dispute where the Tribunal accepted revenue neutrality as the ative consideration. It noted that the disputed duty demand would be offset by Modvat credit available on the applicants' final dutiable chewing tobacco clearances, so the Revenue would not suffer any net loss. Relying on facts similar to an earlier stay order, the Tribunal treated the credit mechanism as sufficient basis to suspend recovery pending further proceedings. en-us Mon, 26 Oct 1998 00:00:00 +0530 Wed, 28 Sep 2011 15:06:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89621 Unconditional stay of recovery and waiver of pre-deposit were granted in an excise duty dispute where the Tribunal accepted revenue neutrality as the ative consideration. It noted that the disputed duty demand would be offset by Modvat credit available on the applicants' final dutiable chewing tobacco clearances, so the Revenue would not suffer any net loss. Relying on facts similar to an earlier stay order, the Tribunal treated the credit mechanism as sufficient basis to suspend recovery pending further proceedings. Case-Laws Central Excise Mon, 26 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89621