2006 (3) TMI 408

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.... Shri Uday Kumar, JDR, for the Respondent. [Order]. - Heard Shri Chandranath Mukherjee, ld. Advocate alongwith Smt. Rekha Ghosh, ld. Advocate, on the stay application filed by the appellants. He submits that they have purchased the capital goods in the year, 2002-2003, on which they have paid Central Excise duty of Rs. 2,66,017/-. They are eligible to take 50% Modvat credit in the same financi....