2010 (8) TMI 276 - AT - Central Excise

Cenvat credit Stay order penalty imposed upon assessee on the ground that they have issued supplementary invoices after a gap of above six years Tribunal granted unconditional stay

Summary

The Appellate Tribunal CESTAT, Ahmedabad granted dispensation with the condition of pre-deposit of penalty amount of Rs. 1 crore imposed on the applicant. The Tribunal allowed the stay petition as M/s. IPCL had been granted unconditional stay in a related case. Both appeals are to be listed together.