2006 (7) TMI 21

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....deration of stay application only, we find that the appeal itself is required to be disposed of. Accordingly, after dispensing with the requirement of pie-deposit, we proceed with the appeal. 3. This case relates to denial of a Modvat credit of less than Rs.17 Lakhs. This was in regard to capital goods (DG sets) purchased by the appellants. Under the Rule (4), the appellant was to take 50% of t....