2002 (2) TMI 597 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai dismissed a miscellaneous application for early hearing as the stay application was already listed. The stay application sought waiver of pre-deposit of penalty imposed on the applicants for not being entitled to Modvat credit due to incomplete invoices from M/s. IOCL. The tribunal waived the penalty pre-deposit requirement and stayed its recovery pending appeal.