2005 (4) TMI 373 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi heard 19 applications by M/s. Telco Ltd. for waiver of pre-deposit of Modvat credit Rs. 3,08,679/- disallowed to them. The Tribunal found that the items in question, such as Assembly Wheel Cover, Tool Bag, Carpet, Radio Cover, are covered as inputs under Rule 57A of the Central Excise Rules, 1944. The Tribunal stayed the recovery of the duty amount during the appeals pending regular hearing on 6-7-2005.