https://www.taxtmi.com/caselaws?id=106183 The Tribunal dispensed with the pre-deposit condition in a case involving a plea for modifying a stay order, as the appellant demonstrated that Modvat credit exceeded the duty liability. The matter was remanded to the Commissioner for fresh adjudication on Modvat credit availability and duty liability, considering verified documents showing surplus Modvat credit. The Tribunal emphasized the importance of Modvat credit in determining duty liability and directed a reevaluation by the Commissioner, allowing the stay petition and remanding the case for further consideration. en-us Thu, 14 Mar 2002 00:00:00 +0530 Mon, 12 Mar 2012 18:53:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106183 The Tribunal dispensed with the pre-deposit condition in a case involving a plea for modifying a stay order, as the appellant demonstrated that Modvat credit exceeded the duty liability. The matter was remanded to the Commissioner for fresh adjudication on Modvat credit availability and duty liability, considering verified documents showing surplus Modvat credit. The Tribunal emphasized the importance of Modvat credit in determining duty liability and directed a reevaluation by the Commissioner, allowing the stay petition and remanding the case for further consideration. Case-Laws Central Excise Thu, 14 Mar 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106183