2011 (8) TMI 387

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....his application has been filed by the assessee for early hearing of Stay Petition No.E/S/253/2011. As the Stay Petition has been listed for disposal, we dismiss the application for out of turn hearing of Stay Petition and take up the Stay Petition for disposal. None appeared for the applicant. Written submissions have been filed by ld. Advocate, drawing our attention to the decision of this Tribun....

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....NVAT Credit on fake invoices. This Bench in the case of Bhagwati Silk Mills vide Order No.A/55-185/WZB/AHD/2011, dt.24.01.11, has given direction to adjudicating authority to reconsider the issue of eligibility of CENVAT Credit. There is no reason to take a different view in this case. In view of the above, the impugned order is set aside and matter remanded to adjudicating authority to reconsider....