https://www.taxtmi.com/caselaws?id=113501 The Tribunal rejected the Revenue's stay application regarding the Commissioner (Appeals)'s order on Modvat credit for capital goods received before 16-3-95. The Tribunal found the Revenue's justification, based on a pending reference application before the High Court, insufficient. The Commissioner (Appeals) had correctly followed a Larger Bench judgment, making a stay unnecessary. The appeal was set to proceed for hearing without a stay of the order. en-us Thu, 20 May 2004 00:00:00 +0530 Sat, 05 May 2012 15:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113501 The Tribunal rejected the Revenue's stay application regarding the Commissioner (Appeals)'s order on Modvat credit for capital goods received before 16-3-95. The Tribunal found the Revenue's justification, based on a pending reference application before the High Court, insufficient. The Commissioner (Appeals) had correctly followed a Larger Bench judgment, making a stay unnecessary. The appeal was set to proceed for hearing without a stay of the order. Case-Laws Central Excise Thu, 20 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113501