2001 (9) TMI 1025

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Shri J. Singh, JDR, for the Respondent. [Order]. - This miscellaneous application seeks that the operation of this Tribunal's Final Order No. 2245/2000-NB(SM), dated 21-11-2000 may be suspended till the determination by the Hon'ble Allahabad High Court of the question of law directed to be referred to by its order dated 16-2-2001. 2. Final Order No. A/2245/2000/NB(SM), dated 21-11-20....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Rule 57D(6), now 57G(2) could apply to deny the applicant the benefit of Modvat credit and......." 3. The present stay application has been filed pursuant to the above order of the High Court. In support of the appellants petition for suspension of the operation of our Final Order, it has been submitted that in the instant case procedure followed by the petitioner in respect of receipt of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ral Excise authorities permitted this and directed that credit may be taken on receipt of the last and final lot of a consignment of input. This procedure led to delay in taking credit and in some cases credit was taken beyond six months from the date of invoice. The delay in taking the credit which led to crossing the six months' limit was entirely on account of following a procedure which was ap....